Yarding 4280 Change -890
At Wagga, restockers emerged because the dominant power, making a big effect in a smaller yarding of simply 4,280 head. Current rainfall has invigorated northern restockers, who actively participated throughout all weights and grades of cattle beneath 400kg. The aggressive environment was intense, with bidding duels prolonged as patrons sought to safe their share of the market, finally overshadowing feedlot operators who lifted their sights to focus on cattle above 400kg. Each home and export processors have been engaged available in the market; nevertheless, heavy steers struggled to draw ample competitors except they have been of a selected breed. Restockers from northern New South Wales and Queensland have been significantly lively, eager to accumulate all breeds of inventory.
Steers again to the paddock, weighing between 280-330 kg skilled a notable value surge, gaining 54c/kg to common $1,148 per head. The following weight class, 330-400kg, additionally noticed an uptick, with costs rising by 33c, promoting within the vary of 322-384c/kg. Light-weight feeder steers fetched costs between 309-358c, reflecting a 13c/kg enchancment. Medium-weight feeder steers benefited from elevated competitors from Queensland patrons, leading to an 8c improve, averaging 343c/kg. Medium weight feeder heifers bought to stronger demand lifting 24c making from 290c to 317c/kg. Moreover, commerce steers and heifers loved a big increase of 24c, promoting between 280c and 350c/kg.
The export market confirmed some fluctuations, with competitors intensifying because the sale unfolded. Nonetheless, heavy steers confronted challenges in attracting patrons, resulting in a value decline of 10c, with most promoting between 288 and 340c, and a standout steer reaching 360c/kg. Bullock costs various primarily based on age, with an total enchancment of 6c, averaging 333c/kg. The cow market was significantly robust, bolstered by sturdy demand from restockers for cows beneath 520kg. Heavy cows gained 15c, promoting between 275c and 298c, whereas leaner D3 sorts noticed a 16c improve, fetching costs between 244c and 285c/kg.
Market Reporter: Leann Dax
Supply: NLRS Click here to view full Wagga report on NLRS web site.
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