12 Jul Wagga Detailed Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 12/07/2021 comparison date 05/07/2021
Numbers remained steady this week and the quality was mostly secondary over a large portion of the offering. There was significantly stronger bidding from feedlots over all categories, however, domestic processors were not interested in chasing the market which resulted in very few purchases for the trade. Heavy steers weighing 500 to 600kg sold to impressive prices with the bulk destined for feedlots. Restockers were also operating with northern and local orders pushing the market along.
Price outcomes in the trade market were cheaper due to the stronger demand from lot feeders. Trade steers made from 420c to 516c, while trade heifers sold to a weaker demand, slipping 8c to average 467c/kg. Light weight 200 to 280kg secondary steers sold to a top price of 660c, while the heifer portion saw prices lift by 80c/kg with demand from feedlots and restockers. Quality and weight were a feature in the steer run with well-bred steers consistently making above 500c/kg. Prices for feeder steers weighing 400 to 500kg recorded a top price of 539c, while lighter weight feeder steers gained 20c, recording a top price of 610c/kg. Light weight feeder heifers lifted 12c selling from 450c to 518c/kg. In the export markets, feedlots dominated with processors unable to match the stronger bidding. Heavy steers prices slipped 6c selling from 374c to 476c/kg. Bullocks lost significant ground tracking 24c/kg cheaper. Heavy steers and bullocks to feed improved 6c to 19c, with heavy steers recording a top price of 510c/kg.
In the cow market not all processors operated. Heavy well-finished cows jumped 7c to average 357c/kg. Leaner cows were in short supply with the better covered making from 292c to 332c/kg.