Yarding 3100 Change -1200
In a dramatic day at Wagga the cattle market witnessed a significant price plunge over several categories, in a smaller yarding of 3,100
Despite a good turn up of buyers, prices took an unexpected nosedive after last week’s cheaper market of 20-30c/kg.
Heifers in particular bore the brunt of the cheaper trend with heifer prices experiencing a rate drop of 70c to 80c/kg, with the bulk selling from 187c to 264c/kg.
Prices continued to fall leaving vendors and spectators puzzled by the sudden sharp downturn.
There was a significant downside to the feeder steer…
