MARKET REPORT – STORE SALE – 9 AUGUST, 2018

PHOTO: Dick Douglas from Elders Deniliquin came to Mortlake to see the 529 steers and heifers from ‘Boonoke’ of Conargo (near Deniliquin) sold. Their best price was $620p/h (open auction) for three pens of Hereford steer calves (68 in total). Dick was very impressed with the facility and the comfort of the cattle at WVLX.

Total Yarding: 2,295

For the August winter store sale held at WVLX a good number of quality store cattle were presented. A big portion of the yarding were young well-bred Angus and Hereford weaner calves, with some feature lines coming from the drought affected areas of southern NSW.

A lighter supply of heavy feeder cattle came forward. The usual feedlot buyers attended, but the number of feeder cattle that came forward restricted strong competition for big lines of cattle that normally attract strong interest. The smaller lines that were yarded led to an easier trend for both steers and heifers.

Very well-bred Angus steer calves sold to better than expected rates. The drought affected cattle that were presented in big lines sold to keen competition and the lighter weights of these cattle (mainly Herefords) realised better than expected prices. Top Hereford steers made up to $620p/h.

Angus Friesian X Heifers, well-bred 12 months were also keenly sought after and made up to $850p/h, with all dairy types firm on last month’s store sale pricing.

Buyers attended from interstate, including Tasmania and South Australia, along with a big crowd of local re-stockers and a large gallery of very interested onlookers.

Market Report: WVLX Agent’s Association President.

CLICK HERE to see the full WVLX market report.