VENDORS sold 2010 cattle at the Wagga market on Monday.
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Numbers fell by almost a third following wet conditions.
Quality was very mixed thanks to the cold wet condition’s experienced over the past month across the Riverina.
The bulk of the yarding was store conditioned weaners and yearlings, while there were only 200 cows penned.
The limited supply of vealers to slaughter sold significantly dearer making from 349c to 364c/kg.
Medium weight grass finished and supplementary fed heifers benefited from strong feedlot and domestic competition, with the better finished pens selling mostly to feedlots. Generally heifers to the trade sold unchanged making from 339c 363c/kg. Well finished yearling steers suitable for the trade sold to feedlots.
The few steers which did sell to slaughter sold at 338c to 370c/kg. Rain inspired restockers which pushed prices up to 12c higher for well-bred lines, with prices ranging from 356c to 389c/kg.
Restockers were unable to match feedlot prices for store conditioned heifers, with only a token few returning to the paddock.
The feeder market did react to the rain, and the promise of more rain this week tightening supplies of C2 yearling steers, impacted on prices with most types selling 5c to 13c/kg dearer.
Well-bred Angus steers were paid premium prices to record a top price of 390.2c/kg.
Again a standout feature of the sale was the greater numbers of heifers sold feedlots.
Heifers weighing 400-500kg suitable to feed on, were keenly sought by several feedlots, which lifted prices noticeably higher. An example of the dearer trend was grain assisted heifers 412kg, recording a top price of 368.2c/kg There was a mixed quality offering of grown steers and bullocks to the usual group of export and domestic processors. Stronger demand from major export processors contributed to a dearer trend of 14c/kg. The better quality pens of prime C3 steers made from 350c to 370c/kg.
The limited number of bullocks averaged 351c/kg. Heavy cows sold to stronger demand, with all processors struggling to fill orders.