29 Jul Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 29/07/2019ccomparison date 22/07/2019
Numbers lifted significantly in a mixed quality offering which reflects the seasonal conditions across the supply area. Most of the usual buying
group were present and operating.
The trade market continued to struggle to find well finished steers and to compete against the higher prices offered by feedlots. Medium
weight grass and crop finished steers slipped 2c, with domestic buyers paying to a top of 342c to average 334c/kg. Competition for trade
heifer’s 400kg to 500kg faded, influenced by weaker feedlot demand. Well finished heifers eased 3c/kg. Medium weight trade heifers fetched
284c to 315c/kg.
A market to experience fluctuating trends was for feeder steers, where prices were firm to slightly dearer for a certain bred however, prices
were 2c/kg cheaper. Lighter weight feeder steers topped at 347c to average 335c/kg. Medium weight feeder steers firmed topping at 348c/kg.
Price results in the feeder heifer market also tended to be erratic, with competition declining at times through the sale. Most heifer categories
were 8c to 11c cheaper selling at 280c to 320c/kg. Feeder heifers over 400kg gained 3c to average 299c/kg.
There were good numbers of lighter weight store conditioned weaners, and the red hot market of past weeks appeared to lose some heat this
week. There were several flat spots in the market and plainer conditioned steers bore the brunt of the cheaper price trends. Steers 200kg to
280kg made from 264cc to 328c/kg to average $754/head. Light weight heifers returning to the paddock and to place on crop made from 264c
Even with a shortage of export cattle the market lacked the quality of the previous market which resulted in cheaper trends. Top quality
younger lines of heavy grown steers 500kg to 600kg to slaughter made from 304c to 340c/kg. Heavy C4 bullocks sold 16c cheaper making
from 290c to 337c/kg. Heavy heifers 500kg plus sold to a cheaper trend of 3c to 5c/kg, with the bulk of the out of shape aged heifers
averaging similar rates to cows. The better covered and younger heifers sold from 288c to 347c/kg.
The cow market opened on a significantly cheaper note for well finished types with prices falling 25c to average 266c/kg. The better covered
lean cows D2 and D3 sold from 200kg to 258c/kg.