Wagga Saleyard Report – Cattle

Wagga Saleyard Report – Cattle

Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 06/01/2020  comparison date 16/12/2019
Yarding 3640 Change 715

Numbers were elevated for the first sale of the year, with some cattle arriving from the fire ravaged area of Cobargo. It was a very mixed up
yarding over most categories. Some cattle showed plenty of finish while other stock were of very plain condition. Prices for all categories was
softer with the market lacking direction from the commencement of the sale. Not all export companies were operating and not all feedlots
were in attendance or operating to capacity. Restocking activity was minimal mostly due to the dry conditions and fires across the region.
The young trade cattle market produced weaker price trends. Price results for trade heifers varied, though niche pens did create some
competition to average 261c/kg. Trade weight steers sold to weaker demand from both feedlots and domestic processors, which resulted in a
cheaper trend of 4c/kg. The well-bred lines of weaner steers returning to the paddock, 200-280kg sold to only a few orders making from 190c
to 230c, while the heifer portion average 192c/kg. Prices for feeder steers struggled to find a base price due in part to not all buyers operating.
Lighter weight steers reduced on average by 20c, making from 200c to 295c/kg. Feeder heifers sold up to 8c cheaper, making from 222c to
275c/kg.
Heavy C3 steers made from 240c to 280c while bullocks topped at 255c/kg. The cow market lacked competition causing prices to ease 5c to
18c/kg. Not all buyers operated in a fair quality offering. Heavy cows sold from 188c to 211c/kg. D2 and D3 types made from 155c to
202c/kg.