NVLX Wodonga Cattle Market Report

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Report Date: 23rd July 2024

Total Yarding: 1,050

Commentary

It was a smaller field of winter buyers that made it to the sale. Quality was either quite plain or grain assisted yearlings. The market was erratic at times as buyers tried to pick their way through limited stock available for exporters and domestic processors. A major export processor did not make attempt at bidding due to the lack of numbers. 777 cows made up the majority of the yarding.

The mixed selection of trade steers and heifers resulted in price fluctuations as the sale progresses. Trade steers fetched 310c to 384c, while the heifer portion made from 310c to 375c/kg. There were a small number of vealers this week and they sold from 320c to 375c/kg. Medium weight feeder steers sold to similar trends making from 326c to 384c/kg.A few heifers to the feedlots sold at 300c to 324c/kg.

In the export market competition was weaker. Heavy steers averaged 362c/kg. Bullocks sold to a small group of buyers to average 361c/kg. The big offering of cows met a small field of buyers and prices did not reach the heady heights of last week. Heavy cows traded between 320c to 350c/kg. It was more of the same across leaner grades with prices easing due to less weight on offer. D2 and D3 cows under 520kg sold from 220c to 274c/kg. Heavy bulls sold at varying prices the bulk making from 204c to 235c/kg.