Beef values firm at Wagga cattle market

GALLERY: Buyers place their bids as they sit ringside at the Wagga Livestock Marketing Centre during the cattle sale. VENDORS sold 2900 cattle at the Wagga market on Monday.
Nanjing Night Net

At the rail.

According to Meat and Livestock Australiacattle prices have continued to trend dearer in a bigger yarding than the previous sale.

The bulk of the yarding was store conditioned weaners and yearlings, while there were 490 cows penned.

The mixed supply of vealers sold to mostly to feedlots and restockers with the only the odd pen selling to the trade. The better vealers to slaughter made from 341c to 352c/kg. Medium weight grass finished and supplementary fed heifers benefited from strong export and domestic processor competition, due to the dearer prices paid for steers by feedlots. Generally heifers to the trade sold 11c dearer making from 320c 354c/kg.

Well finished yearling steers suitable for the trade sold mostly to feedlots. The few steers which did sell to slaughter sold at 336c to 360c/kg.

Strong demand from restockers contributed to a dearer trend of up to 17c for well-bred vealers and weaners lacking finish, with prices ranging from 345c to 397c/kg.

The better bed lines of light weight heifers returning to the paddock sold from 318c to 355c/kg.

Tightening supplies of store conditioned C2 yearling steers impacted on prices with most types selling 5c to 9c/kg dearer. Well-bred Angus steers were paid premium prices to record a top price of 379c/kg.

A standout feature of the sale was the greater numbers of heifers sold feedlots. Feedlots dropped weights to as low as 200-280kg to purchase weaner types and vealer heifers lacking finish.

Heifers weighing 280-330kg were keenly sought by northern feedlots which pushed prices 22c higher to average 344.8c/kg.

There was a mixed quality offering of grown steers and bullocks to the usual group of export and domestic processors.

Stronger demand from all buyers for supplementary fed and crop finished steers pushed prices 20c/kg higher for bullocks.

The better quality pens of prime C4 Bullocks made from 335c to 359c/kg. Heavy cows sold to steady demand, with a few more processors entering the market. Well finished cows were unchanged to average 263c/kg.

The bulk of the leaner grades were firm to a few cents dearer with the D3 medium weight cows averaging 242c/kg.

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