Blog Post

Wagga sale 21 August 2023: Feeder cattle meet weak demand

Yarding 2965 Change -135

Following last week’s correction in prices, there has been a substantial decline in numbers, with agents yarding 2965. Particularly noteworthy is the reduced competition among feedlot buyers for various categories of cattle, especially in the steer weight ranges. Many coloured yearlings intended for feeding faced challenges in finding competitive bids. The overall quality of cattle was varied, and only a limited quantity of trade types weighing between 400 to 500kg found takers among processors.

The supply of heavy export cattle remained reasonable, although…

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