23 Sep Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 23/09/2019 3400 comparison date 16/09/2019
Numbers declined and quality was fair, with good numbers of trade steers, grass finished or off crop. The balance of the yearling steers were
mostly in forward, store condition. Trade heifers were in shorter supply. Back grounders, feedlots and restockers were all active pushing prices
substantially higher. Heavy steer and bullock numbers were similar and competition was strongest for the younger well finished steers. Cow
numbers remained high with just over 900 yarded.
The limited availability of good domestic cattle is starting to show up in the form of better prices, with an average price gain of 10c/kg. Trade
steers recorded a top price of 330c to average 316c/kg. Trade heifers attracted a large field of feedlot buyers making from 255c to 324c/kg.
Light weight weaner steers to restockers gained 30c due to stronger local competition, making from 210c to 316c/kg. Light weight store heifers
retuning to the paddock jumped 22c making from 200 to 250c/kg. A bigger field of feedlot buyers were operating in a stronger market for
most categories. There was solid support for feed steers, 400kg to 500kg, with the well-bred portion selling 21c dearer, while the lighter
weights lifted 16c, to average 289c/kg. Light weight feeder heifers, 330kg to 400kg, sold to a few more buyers and the well-bred portion were
ideally suited to several orders which contributed to the dearer trend of 13c/kg.
Grown steers and bullocks were in reasonable supply and quality was very good, particularly across the bullock section. The younger well
finished steers met stronger demand from domestic and export processors making from 290c to 344c/kg. Bullocks were limited and prices
jumped notably to average 319c/kg. Heavy heifers with shape sold from 256c to 317c/kg. It was another large yarding of cows. Prices across
the board were 9c to 10c/kg cheaper. Heavy cows sold to a smaller group of processors selling from 212c to 258c/kg. The D2 and D3 types
made from 183 to 231c/kg.