Blog Post

Wagga sale 28 August 2023: Prices decline with softer competition

Yarding 2970 Change +5

Today cattle market at Wagga offered 2970 head and similar quality stock to the previous sale.

There was a notable decline in competitive competition among buyers, particularly those from feedlots. The lack of enthusiasm from feedlot buyers had a dampening effect on the market, leading to a downward trend. Occurrences of spirited bidding were infrequent, resulting in a gradual decline in prices.

In terms of the heavier category, steers weighing between 500kg and 600kg were well supplied, and their prices fluctuated based on factors such as age and overall…

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