PRICES continued the upward trend at Wagga when 4397 head went under the hammer to record a result which was up to 14c/kg better than last week.
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Numbers increased significantly, following the dearer trends of last week.
Yearling heifers and steers suitable for the trade were in reasonable numbers, while grown steers and bullocks were in greater supply. Secondary cattle were well supplied, and sold to stronger competition from feedlots and restockers. The usual group of domestic and export buyers was in attendance along with several store orders.
The limited supply of vealers sold to a much stronger level of demand with prices up to 14c/kg dearer. The better finished vealers to slaughter ranged from 255c to 282c/kg. Medium weight grass finished heifers suitable for the trade attracted strong feedlot competition, which resulted in domestic buyers paying up 12c/kg more to gain adequate supplies.
Domestic processors paid from 255c to 285c/kg. The better finished medium trade weight steers were keenly sought by several feedlot buyers which pushed trade prices 8c/kg higher.
Well finished steers to slaughter ranged from 255c to 285c, to average 268.6c/kg.
Lighter weight secondary steers and heifers were in limited numbers and restockers struggled to compete against feedlots and backgrounders for sufficient numbers. Well-bred lighter weight secondary steers and vealers lacking finish sold unchanged to a few cents dearer, making from 255c to 273c/kg. Well-bred heifers carrying more weight and condition were keenly sought by restockers and the better bred lines sold from 219c to 232c/kg.
Prices for well-bred medium weight C2 yearling steers to feed on lifted 3c to average 266.9c/kg. Medium weight secondary heifers suitable for lot feeding sold to much stronger competition with prices lifting 13c/kg.
The good quality offering of grown steers and bullocks sold to stronger southern competition, with prices 6c/kg higher. Heavy bullocks were keenly contested to average 262c/kg. The better quality pens of C3 and C4 steers made from 250c to 281.2c/kg.
Heavy cows were well supplied and competition was strong with southern processors dominating sales, with well finished cows selling 3c/kg dearer. Heavy D4 cows ranged from 198c to 228c/kg.
There was keen competition across the D2 and D3 categories with prices up to 5c/kg higher. The D3 medium weight lines averaged 196.6c/kg. There was more interest in lighter weight store cows and prices ranged from 184c to 198.2c/kg.
