Blog Post

Wagga sale 27 Nov 2023: Restockers enter the fray

Yarding 4100 Change +545

Numbers lifted considerably. The quality of cattle on offer were fair to good, especially in terms of well bred secondary stock across various categories.

Most notably, the prices for secondary cattle experienced strong competition with restockers also entering the fray.

Amongst the dynamics of the market, there was an uptick in orders from feedlots and restockers while, domestic processors were unable to match feedlot prices. Major feedlot buyers showed keen interest across all well-bred lines of stock. And, feedlots continued to show a big appetite for steers…

Click to check the original article.