Wagga cattle sale draw | March 12 2018

VENDORS will sell a total of 4816 cattle at the Wagga market on March 12.

MARKET REPORT MARCH 5: Vendors sold 4100 cattle. Torrential rain across some parts of Queensland contributed to a lift in prices over export and secondary categories.

The bulk of the offering once again was more suited to lot feeding or returning to the paddock. Most export processors attended and operated. The store market attracted plenty of interest from the north of the state along with some local competition.

Vealers were in short supply making from 252c to 316c/kg. The trend for yearling trade cattle was stronger due to stronger competition from feeder buyers. The main run of heifers sold 4c dearer to average 262c/kg.

The limited supply of trade steers attracted stronger bidding with European cross steers paid a premium. The better finished steers to slaughter sold from 270c to 294c/kg. Secondary steers weighing 280-330kg were aided by steady northern restocker demand making from 294c to 306c/kg. Light weight secondary heifers back to the paddock sold to a top of 286c to average $870/head. Feeder steers were in bigger numbers and competition was solid. Medium weight steers sold 2c dearer to average 281c/kg.

The general price trend for feeder heifers was stronger. The bulk of the lighter weight heifers 330-400kg sold from 250c to 279c/kg. Export steers sold to weaker competition, with price easing 3c to 9c/kg. The better C3 and C4 steers sold from 250c to 275c/kg. Heavy steers suitable to feed on sold from 256c to 278c/kg. In the cow market quality was mixed with all weights and grades represented. Northern buyers stepped up and dominated bidding on the better finished types. Heavy cows topped at 226c to average 229c/kg.

The D3 medium averaged 9c dearer making from 182c to 212c/kg. Northern rain generated stronger competition for the plainer cows to return to the paddock. Younger cows sold from 192c to 217c/kg.

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