Rising demand, fuelled by the impending Christmas break and widespread rainfall in NSW and Queensland, led to a substantial surge in both cattle numbers and prices.
The MLA National Livestock Reporting Service reported a notable uptick in cattle volumes, with 5200 head presented at Wagga—an increase of 1800 from the preceding week. A robust presence of Queensland buyers, seeking feeder types and well-finished export cattle, intensified the competition both locally and interstate.
Market dynamics witnessed a significant upswing, primarily driven by feedlots and exporters. Price hikes…
