02 Sep Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 02/09/2019 comparison date 26/08/2019
Yarding 4800 Change 1200
The ongoing dry conditions was the catalyst to a significant rise in numbers. And the market again struggled as numbers out pace demand,
with domestic processors, feedlots and restockers price conscious when buying. The bulk of the offering were store condition stock with limited
supplies of yearling cattle suitable for the trade. Heavy steer and bullock numbers were reasonable and competition was strongest for the
younger well finished steers. Cow numbers increased notably with just over 1,400 yarded.
Prices were significantly weaker for all types of trade cattle, with some processors operating sporadically. Trade steers dipped 18c making from
305c 332c/kg. Trade heifers lacked competition which resulted in a cheaper trend of 19c to average 299c/kg. Light weight weaner steers were
in greater number and competition was patchy from store buyers, resulting in prices softening 10c to average 262c/kg or $652/head. Light
weight store heifers retuning to the paddock were discounted heavily selling at 174c to 236c/kg.
Most of the usual field of feedlot buyers were operating in a cheaper market for most categories. There was weaker demand for feed steers,
330kg to 400kg, with the well-bred portion slipping 9c, while the heavier portion were unchanged to average 300.6c/kg. Light weight feed
heifers sold to a smaller field of buyers easing 8c to average 272c/kg.
Grown steers and bullocks were in reasonable numbers and quality was excellent for the younger stock. The younger well finished steers made
from 304c to 345c, averaging 6c/kg cheaper.
There was a big influx of cows as producers offload due to the dry spring conditions. Prices across the board were 12c to 19c/kg cheaper.
Heavy cows struggled to gain traction, with buyers becoming more selective as the sale progressed. Heavy cows recorded a top price of 277c
to average 263c/kg. The D2 and D3 cows sold to weaker competition from southern processors. The bulk of the D2 and D3 types sold from
175c to 255c/kg.