By Leann Dax, market reporter
At last week's Wagga Wagga cattle sale, there was a notable decline in numbers. The quality of cattle remains mixed, with secondary cattle largely dominating the sale.
Despite the drop in overall numbers, feedlots continue to influence the market dynamics. The usual buyers were at the sale however domestic processors were selective. Steers returning to the paddock saw a positive shift, lifting by 49c and averaging $1,400. Prices for these steers ranged from 475-610c/kg, reflecting a competitive market for those looking to take advantage of current seasonal conditions.
Feeder steers in the light weight experienced strong demand due to limited supply, gaining 39c and selling within the range of 470-590c/kg.
Medium weight steers also saw an improvement, rising by 15c and topping at 540c/kg. On the other hand, trade steers were in short supply, leading domestic processors to struggle for adequate numbers, resulting in prices between 508-546c, reflecting an 18c/kg gain.
Turning to heifers, trade heifers experienced a decline, slipping by 20c and selling for 440-515c/kg. In contrast, feeder heifers remained in reasonable numbers, with medium weights holding firm at 408-528c/kg.
Heavy steers and bullocks sold within the range of 460-533c, while heavy heifers topped at 507c/kg. The market showed strong price trends for heavy cows, with intense bidding leading to a gain of 5c, resulting in sales between 410-450c/kg.
Leaner cows weighing under 520 kilograms also experienced stronger price trends, gaining 15c and fetching between 324 and 394 cents per kilogram.
