Yarding 3500 Change +500
The Wagga cattle market witnessed a significant downturn as feeder steers faced a 30c to 40c/kg price drop, reflecting a challenging landscape. With little competition from buyers, feedlots were observed vying for purchases well below the 300c/kg mark. The market’s main lines of cattle experienced a wide price range, causing market fluctuations.
Feedlot operators found themselves in a unique situation as they sought to capitalise on the softer market conditions. A smaller group of buyer interest compelled feedlots to pursue purchases at prices significantly…
