16 Aug Wagga Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 16/10/2021 comparison date 09/08/2021
Numbers declined slightly. There was a limited selection of trade cattle yarded which were keenly sought by both feedlots and processors. Secondary cattle made up the bulk of the yearling classes. Heavy export numbers were similar although there was not as much weight as the previous sale. The regular winter buyers were in attendance however not all export buyers participated with feedlots, backgrounders and restockers being the market drivers over a large portion of the offering.
Trade cattle were in limited supply however there were some outstanding crop finished stock offered. Steers suitable for the trade gained 19c to average 525c/kg. Trade heifers sold to solid competition with prices ranging from 458c to 502c/kg. Well-bred steers weighing 280 to 330kg stepped up into a higher price bracket pushed along by backgrounders and restockers with the bulk improving 14c to average 610c/kg. Of the very few plainer quality heifers returning to the paddock, the majority made from 540c to 570c/kg. Tightening supplies of well-bred steers resulted in a price lift of 13c to 15c to see medium weights record a top price of 560c and average 533c/kg. The main run of feeder heifers came under pressure from several feedlots and domestic processors which saw prices 9c to 12c/kg dearer.
Not all processors operated in the export run, however despite this, prices were mostly unchanged to a few cents dearer. Heavy steers and bullocks made from 415c to 500c/kg. Heavy heifers were well supplied and the bulk sold from 432c to 460c/kg. In the cow market not all processors operated fully with heavy well finished cows selling 16c dearer to range from 385c to 416c/kg. Leaner medium weight types were few, with the D2 and D3 cows selling from 300c to 405c/kg.