28 Oct Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 28/10/2019 comparison date 21/10/2019
Numbers declined notably and price trends were again mixed. The bulk of the yearling offering were stock in forward store condition. There
was solid demand from feedlots and a boat order, while domestic processors struggled to match feedlot prices. Trade heifers and steers were
in short supply. Heavy steer and bullock numbers were similar and demand was weaker which was quality related. The cow market was the
feature of the sale with price surging ahead for all weight classes.
Prices for the limited number of good quality trade steers to processor was 4c/kg dearer. Trade steers recorded a top price of 310c to average
300c/kg. Trade heifers enticed the usual buying group and bigger group of feedlot buyers. Trade heifers gained 7c to average 281c/kg.
Narrandera restockers and interstate stock agents were the buying strength for light weight steers pushing prices 11c higher to average
286c/kg. Light weight store heifers retuning to the paddock sold to solid local competition making from 227c to 285c/kg.
A larger group of feedlot buyers were operating in a solid market for light and medium weight categories. There was slightly weaker demand
however for feed steers 400-500kg, with prices easing 3c to average 295c/kg. Medium weight feed heifers sold to stronger competition making
from 252c to 289c/kg. Grown steers and bullocks were in shorter supply and quality was fair. The younger well finished steers met steady
demand from domestic and export processors making from 270c to 310c/kg. Bullocks were limited and prices averaged 272c/kg. Heavy heifers
with shape made from 255c to 299c/kg. A larger yarding of cows sold to strong demand from all processors resulting in a dearer trend of 14c
to 20c/kg. Heavy cows made from 248c to 278c/kg. The D2 and D3 types made from 218 to 248c/kg.