Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 27/05/2019 comparison date 20/05/2019
Yarding 2600 Change 355
Despite rain across the supply area, numbers increased. The increase in supply was mainly made up of light weight cattle under 300kg. Trade
cattle were few and quality was quite good, with most supplementary fed. Feedlot buyers were keen, resulting in dearer trends for both steers
and heifers. A seasonal shortage of heavy cattle meant prices were stronger. There was over 700 cows penned, with well finished cows in
shorter supply. Restockers attended and paid premium prices for a certain breed.
Domestic trade cattle were in limited supply and competition was stronger. Trade steers sold from 272c to 310c/kg. Trade heifers benefited
from significantly stronger feedlot demand to average 277c/kg. The influx of light weight cattle continued again this week, even though rain
was predicted. Prices for light weight steers to background or feed on gained 10c, making from 234c to 302c/kg. The lighter weight heifers
back to the paddock eased 5c, averaging 218c/kg.
The usual buying group operated in the feeder steer market, with more intensity over all weights and grades. The bulk of the lighter steers
sold from 250c to 310c/kg. Demand for secondary heifers increased noticeably. Lighter weight feed heifers sold 24c dearer, making from 230c
to 292c/kg. There was a reasonable supply of grown steers and bullocks. C3 and C4 steers ignited the bidding, lifting 11c, with bullocks
averaging 304c/kg. The cow market sold to a solid price trends. Heavy cows gained 3c to average 220c/kg. The D2 and D3 cows sold from
135c to 202c/kg.