Wagga cattle sale | August 7 2017

MARKET COMPETITION: The atmosphere from Wagga's cattle sale at the livestock marketing centre.
MARKET COMPETITION: The atmosphere from Wagga's cattle sale at the livestock marketing centre.

VENDORS sold 2400 cattle at the Wagga market on Monday which was 500 less than last week.

The numbers declined due to the wet weather.

The wet weather also offered a welcome reprieve to what has been a historic dry winter in many parts of the Riverina. 

According to Meat and Livestock Australia’s National Livestock Marketing Service quality was mixed however there were some excellent drafts of 100 day grain fed yearlings and heavy cattle, along with crop finished yearlings.

The usual turnout of buyers attended however, processors and feedlots backed off over all weight classes.

In the trade market lighter weight 300-400kg grain assisted heifers and steers met with lack lustre competition and prices fell significantly. The better finished pens sold from 238c to 308c/kg.

The better finished medium weight trade steers and heifers were mostly crop finished. Demand was weak and prices eased 9c to 11c/kg. The main run of heifers averaged 275c, while the steer portion sold from 278c to 312c/kg.

Feeder steers were well supplied and both the light and medium weight steers sold to much cheaper price trends.

There were quite a few gaps in the market as buyers struggled to find a price level.

Medium weight steers sold from 269c to 316c/kg.

The general price trend for feeder heifers was weaker, with not all buyers operating.

The bulk of the light and medium weight heifers made from 231c to 300c/kg.

Major processor competition was weaker and not all processors operating fully.

The better quality pens of prime finished steers eased 4c to average 286c/kg.

Bullock prices lifted, helped along by 100 day grain fed steers.

The better finished steers sold from 280c to 304c/kg. Cow numbers dropped notably.

Heavy cows topped at 253c to average 244c/kg.

The D3 medium weights eased 3c making from 214c to 240c/kg.

  • Visit The Rural’s website www.therural.com.au to see multimedia coverage from the Wagga Livestock Marketing Centre’s sheep and cattle sales on Monday and Thursday.