22 Jul Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 22/07/2019 comparison date 15/07/2019
Numbers lifted slightly and prices gained momentum on the back of tight supplies at most selling centres. Trade cattle were in short supply,
with stock were either finished off crop or supplementary fed. Inspired restockers aided a lift in price for light weight secondary steers, while
heifers were unable to sustain last week’s trend. Heavy steer and bullock numbers increased and so did prices for the heavier steers There
were just over 500 cows penned and the market continued its impressive run.
Domestic trade cattle were in limited supply and competition was stronger, with feedlots upping the ante for heavier trade weight types. Trade
steers sold from 305c to 340c/kg. Domestic processors once again competed against stronger feedlot demand to purchase heifers suitable for
the trade, the bulk averaging 308c/kg. Well-bred light weight steers returning to the paddock gained 17c, making from 258c to 345c/kg. The
lighter weight store heifers decreased 18c, receiving from 260c to 283c/kg. The usual buying group operated in the feeder steer market, with
stronger competition over all weights and grades. The bulk of the lighter steers weighing 330-400kg sold from 270c to 345c, while the heavier
steers lifted 11c to average 336c/kg. Demand for secondary heifers was very strong and prices continued to lift as the sale progressed. Lighter
weight feed heifers sold 15c dearer, making from 286c to 324c/kg.
There was an increase in supply of grown steers and there were several pens of bullocks weighing in excess of 700kg. Heavy steers made from
291c to 343c, while heavy bullocks sold up to 30c dearer, averaging 336c/kg. The cow market lifted by more than 20c/kg for heavy well
finished types, with processors having to increase their bidding to secure supplies. Heavy cows made from 270c to 310c/kg. The D2 and D3
cows varied from 212c to 278c/kg.