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 24/06/2019 comparison date 17/06/2019
Yarding 3200 Change -400

The approaching end of financial year affected numbers, with some vendors electing to sell in July. Trade cattle were again limited, with most
supplementary fed or finished off crop. Feedlot buyers were keen, resulting in a dearer trend for the steers portion, while heifers lacked the
bidding intensity of the previous market. A seasonal shortage of heavy cattle meant prices were stronger. There was over 700 cows penned,
with well finished cows in shorter supply. Restockers were in attendance and paid premium prices for a certain breed, showing caution over
the balance.
Domestic trade cattle were in limited supply and competition was stronger. Trade steers sold 10c dearer, making from 309c to 341c/kg. Heifers
suitable for the trade were limited, making from 255c to 291c/kg. The influx of light weight cattle continued again this week. Prices for light
weight steers to background or feed on eased 27c, receiving from 218c to 321c/kg. The lighter weight heifers back to the paddock sold 21c
cheaper, averaging 209c/kg. The usual buying group operated in the feeder steer market, with strong competition over all weights and grades
for a particular breed. The bulk of the lighter steers weighing 330-400kg making from 264c to 326c, while the heavier steers averaged
310c/kg. Demand for secondary heifers was erratic throughout the sale. Lighter weight feed heifers sold 3c easier, receiving from 240c to
292c/kg.
There was a bigger supply of outstanding grown steers and bullocks offered, with some pen lots supplementary fed. C3 and C4 steers ignited
the bidding, lifting values by 30c/kg. Heavy steers made from 260c to 320c, while heavy bullocks sold from 280c to 315c/kg. The cow market
sold to a solid price trends. Heavy cows were unchanged, averaging 230c/kg. The D2 and D3 cows made from 145c to 227c/kg.