Home南京夜网 › Prices surge by 20c/kg at Wagga sale

Prices surge by 20c/kg at Wagga sale

NUMBERS GAME: Big yardings continue to go under the hammer at the Wagga Livestock Marketing Centre. Picture: Nikki ReynoldsPRICES soared by as much as 20c/kg at the Wagga cattle market when 3885 head sold.
Nanjing Night Net

The market gained strength due to support from northern buyers.

Yearling cattle benefited from stronger demand from northern buyers over all categories.

The cow market also enjoyed stronger competition from Queensland and northern NSW which pushed up to 10c/kg higher.

The yarding contained mostly yearling cattle more suited to restocking and lot feeding. All major export companies and feedlots were present and active.

The limited supply of vealers sold to stronger bidding from southern domestic processors with veal to slaughter making from 292c to 330c/kg.

Restocker demand had the greatest influence over vealer steers and heifers lacking finish, which pushed both store and feedlot prices up by 10c to 20c/kg. Well-bred secondary vealer steers made from 316c to 378c/kg. Once again there was limited numbers of prime C3 medium weight trade steers purchased by domestic processors. The better shaped steers to slaughter made from 296c to 322c to average 318c/kg.

The lack of quality steers to slaughter meant domestic buyers shifted their attentions to the medium weight heifer portion, which resulted in a dearer trend of 5c to average 291c/kg. Secondary weaner steers to turnout sold to strong northern competition selling at 313c to 341c/kg.

Strong bidding from Queensland and NSW feedlots lifted price by 10c/kg. Medium weight C2 feeder steers average 325c/kg. Lighter weight heifers 330-400kg sold to solid competition from the north making from 290c to 310c/kg.

The mixed quality supply of heavy grown steers sold to solid competition to sell 5c/kg dearer.

Prime C4 Angus bullocks were in high demand and export processors paid up to 313c/kg. The bulk of the bullocks sold from 278c to 311c/kg.

Cow numbers eased and quality was mixed, with all weights and grades represented. Well finished heavy cows sold 6c dearer to average 240c/kg.

The bulk of the better covered lean types sold to robust competition northern export buyers to sell 10c/kg dearer.

This story Administrator ready to work first appeared on Nanjing Night Net.

Comments are closed.