Wagga cattle market report | November 13, 2017

Numbers were down 100 to 4900 and quality eased over some yearling categories.

There were plenty of store orders in place, with young cattle travelling to the north as well as southern areas.

Vealers were in short supply and domestic processors only made purchases at the very top end.

Well-finished vealers made from 302c to 318c/kg.

The trend for yearling trade cattle was considerably weaker following the Melbourne Cup holiday week.

The main run of heifers sold 10c cheaper to average 268c, while the steers portion eased 11c, averaging 285c/kg.

The bulk of the lighter weight store steers lifted 11c making from 280c to 404c/kg.

Lightweight heifers back to the paddock sold to fluctuating demand, making from 265c to 300c/kg.

Feeder steers were well supplied and competition was solid. Medium weight steers eased 5c to average 297c/kg.

The general price trend for feed heifers was firm to 5c/kg dearer. The bulk of the lighter weight heifers 330-400kg sold from 260c to 301c/kg.

Export steers sold to weaker competition with domestic processors unwilling to chase the market price causing a cheaper trend of 11c to 12c/kg.

The better C3 and C4 steers sold from 270c to 285c/kg.

In the cow market, quality was quite good. Heavy cows topped at 251c to average 239c/kg.

The D3 medium weights were in reasonable supply with bidding improving as the sale progressed. The bulk of the D2 and D3 cows sold from 215c to 236c/kg.


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