01 Jun Wagga Detailed Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 31/05/2021 comparison date 24/05/2021
Numbers declined and quality was mostly secondary across yearling weight categories. There was a limited selection of trade cattle with some grain assisted. Domestic buyers struggled to match prices given by feedlots, with most well finished grain assisted C3 steers destined for feedlots. Heavy cattle numbers declined notably. The usual contingent of domestic and feedlot buyers were in operation along with some restocker competition, however, not all the regular export buyers were in attendance.
In the trade market, steers suitable for the trade gained 13c to average 470c with a single pen of steers recording a top price of 487c/kg. Trade heifers sold to robust demand from both feedlots and domestic processors. The limited supply meant prices remained largely unchanged making from 410c to 446c/kg. Prices strengthened for feeder steers, with some major companies dropping their weight range to 330 to 400kg. Light weight feed steers lifted 5c to average 497c while medium weight steers improved 4c to average 474c/kg. Heavy steers and bullock sold to solid competition from feedlots and southern processors. Prices for score 3 steers and bullocks ranged from 345c to 426c/kg. Heavy heifers were in shorter supply and a major domestic processor contested the younger portion. The bulk sold from 345c to 415c/kg.
Heavy well finished preg-tested cows in calf were a highlight of the sale with the heaviest pens reaching $2,516 per head. Heavy well finished cows to slaughter sold from 314c to 335c/kg. The limited supply of the leaner types sold from 260 to 310c/kg.