Wagga Cattle Report

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Report Date: 29th April 2024

Total Yarding: 3,400

Commentary

Cattle numbers saw a notable decrease in a mixed yarding. There was stronger buyer interest across export categories, likely attributed to the full trading week following the Anzac public holiday last week. While quality remained varied, standout grain assisted yearlings sparked strong bidding. Restockers were subdued, however there was active bidding from feedlots and backgrounders.

Within the trade market, medium weight steers suitable for the trade fetched prices ranging from 300c to 360c/kg, while the heifer portion surged by 26c, commanding prices between 288c and 324c/kg. Medium weight feeder steers sold at 245c to 376c/kg. Medium weight feeder heifers witnessed keen demand, lifting 25c increase and selling from 280c to 324c/kg, with lighter weights topping at 325c/kg. Light weaner steers destined for the paddock traded from 304c to 360c/kg. Lightweight heifers weighing between 200-280kg saw a notable 34c rise, attributed to heightened feedlot interest, averaging $697/hea

In the export market, bullocks and heavy steers saw price improvements ranging from 30c to 47c, with heavy steers and bullocks selling between 286c to 316c/kg. Similarly, heavy heifers experienced a 31c hike, selling at 255c to 316c/kg. Heavy cows reaped extra competition, resulting in a 25c to 36c bounce, with prices ranging from 230 to 256c/kg, while leaner cows traded from 155 to 225c/kg. Store cows varied in price, ranging from 181c to 250c/kg.