Wagga sale 19 Dec 2016: Rates rise in final sale of 2016

The last sale before the Christmas holiday break saw numbers more than halve, with Wagga agents offering 1,470. The approaching abattoir shut downs for the annual Christmas break placed pressure on the market. Young cattle destined for domestic and export abattoirs experienced a rate rise 7-20c/kg Export cattle did show notable price results as the industry feels the impact of tightening supplies leading into the Christmas break. Heavy steers 500-600kg jumped 20c recording a top of 320c to average 308c/kg. Bullocks were unchanged selling at 262-304c/kg. The general lack of quality trade steers was the catalyst for a rate rise…

Source: Beef Central
Wagga sale 19 Dec 2016: Rates rise in final sale of 2016