15 Jul Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 15/07/2019 comparison date 08/07/2019
Yarding 2240 Change -760
Rain across the supply area inspired restockers and lot feeders on the back of a reduction of numbers. Quality once again was mostly mixed,
however there were odd pens of supplementary fed and crop finished stock, mainly heavier trade weights. Feedlot buyers were present and
operating over all categories. Heavy steer and bullock numbers increased and prices continued their impressive run. Cow numbers declined,
forcing buyers to compete strongly to secure numbers.
Prices were up for domestic processor cattle over most categories Trade steers prices rallied by 9c to average 329c/kg. Trade heifers benefited
from the excellent supplementary fed portion resulting in a dearer trend of 29c, the bulk making from 285c to 315c/kg. There were only limited
lines of well-bred light weight weaner steers and heifers, resulting in restockers, commission buyers and agents pushing prices 15c to 43c/kg
higher. Weaner heifers weighing 200-280kg gained 43c, making from 240c to 304c/kg. The lighter weight steers sold 15c dearer to average
312c/kg. The usual buying group operated in the feeder steer market. Rain reduced numbers and intensified bidding for medium weight steers
to average 325c/kg. There was stronger demand for feed steers weighing 330-400kg. The well-bred portion lifted 2c, receiving from 307c to
334c/kg. Light weight feed heifers attracted a large field of buyers. Prices spiked 8c for the lighter weights to average 300c/kg.
Grown steers met strong competition from southern processors, lifting prices by 24c to average 338c/kg. Bullocks were in short supply and
quality was only fair which was reflected in the cheaper trend. Bullocks varied from 281c to 320c/kg. The cow market increased sharply, driven
once again by a shortage of numbers. Heavy cows gained 10c to average 266c/kg. The D2 and D3 cows ignited the bidding due to the limited
supplies, causing prices to increase 30c to 40c/kg. The bulk of the D2 and D3 types sold from 206 to 262c/kg.