So far in 2021, there have been 3,247 Brangus cattle offered through AuctionsPlus sales – approximately 1,000 more than in 2020.
Interestingly, the largest annual average price rise so far in 2021 has been registered for cows with CAF, up 78% from the corresponding period in 2020, at $2,772/unit. Compared to 2019, when offerings for this category were almost double the 2021 numbers, prices are up 139%.
The 470 Brangus steers, 200-280kg liveweight, offered between January – May 2021 averaged $1,381/head. This compares to only $600/head in 2019. The heavier steer category averaged $1,513/head so far in 2021 – up 43% on the previous year and 102% from 2019.
PTIC heifers have been the largest category so far in 2021, with the 644 head offered averaging $2,010/head – up only 14% on 2020, but 101% from the corresponding period in 2019.
The largest increase from the depths of the 2019 drought was registered for light heifers, with 200-280kg heifers up 188% over the two-year period – averaging $1,380/head so far in 2021.