13 May Wagga Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 13/05/2019 comparison date 06/05/2019
Yarding 2800 Change -800
Numbers declined and so did quality. Trade cattle were few and once again quality was variable. Feedlot buyers were very subdued, resulting
in a significant decrease in price for secondary steers suitable to feed on. Heavy steers and bullock were limited. There was only 780 cows
penned, with well finished cows in shorter supply. Restockers attended, however were extremely cautious when bidding.
Domestic trade cattle were in limited supply and demand was soft for the steer portion. Trade steers sold to a small pool of buyers, making
from 266c to 305c/kg. Trade heifers benefited from feedlot demand to average 256c/kg. Farmers continue to offload lighter weight cattle
ahead of winter, which pressured the market. Prices for light weight steers to background or feed on eased 29c to 34c, making from 210c to
290c/kg. The lighter weight heifers to feed on declined 28c to average 226c/kg. A smaller buying group operated in the feeder steer market,
causing prices to ease back 19c to 28c/kg. The bulk of the medium steers sold from 255c to 313c/kg. Demand for secondary heifers suitable to
feed on fluctuated, with the lighter weights 8c cheaper, making from 225c to 280c, while medium weight feed heifers averaged 269c/kg.
There were insufficient numbers of grown steers and bullocks to quote. C3 and C4 steers and bullocks sold from 255c to 285c/kg. The cow
market sold to weaker trends as the market progressed. Heavy cows sold 6c cheaper to average 218c/kg. The D2 and D3 cows lacked yield,
making from 150c to 197c/kg. Store cows sold 40c to 48c, receiving from 122c to 168c/kg.