Wagga Detailed Saleyard Report – Cattle

Wagga Detailed Saleyard Report – Cattle

Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 23/10/2021 comparison date 16/08/2021
Yarding 2285

Commentary
Numbers improved slightly with a bigger selection of trade cattle on offer which were keenly sought by both feedlots and processors. However, secondary cattle made up the bulk of the yearling classes. Heavy export numbers were similar with a percentage purchased by lot feeders. The regular winter buyers were in attendance along with a major domestic processor after a lengthy absence. Feedlots, backgrounders and restockers were once again the market drivers over a large portion of the offering.

Trade cattle supplies increased and there were some outstanding crop finished stock yarded. Steers suitable for the trade gained 10c to average 535c/kg. Trade heifers sold to very strong southern competition with prices ranging from 470c to 540c/kg. Well bred steers weighing 330 to 400kg stepped up into a higher price bracket, pushed along by stronger restocker demand that saw the bulk return to the paddock average at $2,058/head. Secondary heifers back to the paddock recorded a top price of 650c/kg to average $1,507/head. Tightening supplies of well bred 400 to 500kg steers resulted in a price lift of 6c to average 540c/kg. The main run of feeder heifers came under buying pressure from feedlots and domestic processors. Prices bounced 10c for the medium weight portion to average 506c/kg.

An extra major domestic processor operated in the export run which helped contribute to a dearer trend across heavy steers. Heavy 500 to 600kg steers sold 18c dearer making from 420c to 492c/kg. Bullocks were limited and sold from 450c to 463c/kg. Heavy heifers were well supplied with the bulk selling from 414c to 470c/kg. A small group of processors operated in the cow market. Heavy well finished cows sold 14c dearer, making from 390c to 428c/kg. Leaner medium weight types were in short supply, with the D2 and D3 cows selling from 330c to 390c/kg.