Blog Post

NVLX Wodonga 19 Sep 2023: Feeder steers drop 25c

File picture of selling action at Wodonga.

Yarding 1250 Change +118

Numbers lifted and familiar turnout of buyers were in attendance.

Buyers representing feedlots or restockers displayed a lack of enthusiasm, leading to a noticeable trend of reduced prices. Instances of active bidding were infrequent, contributing to a big decline in prices.

Feeder steers, falling within 400 to 500kg, faced substantial weakness in demand, with competition among buyers weak. This subdued competition contributed to a 25c price decrease, to average 234c/kg. Similarly, feeder heifers of medium weight…

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