Commercial cattle offerings eased this week, with 11,983 head offered on through AuctionsPlus — down 12% on the previous week. Despite the smaller yarding, prices across several key categories lifted, buoyed by strong restocker demand.
The National Young Cattle Indicator (NYCI) has climbed this week by 24.22c to 380.01c/kg liveweight on Friday morning. It has lifted 1.58c on the previous month and is up 62.70c on the same time last year.
The National Young Cattle Indicator (NYCI) has held steady this week, falling just 0.54c to 363.31c/kg liveweight on Friday morning. It has fallen 26.63c on the previous month and is up 24.81c on the same time last year.
Despite a 31% drop in total offerings to 40,876 head, the latest AuctionsPlus commercial sheep and lamb market delivered strong results in key categories, with crossbred lambs and joined ewes leading price gains, with average clearance ending the week at 86% and the AuctionsPlus Restocker Lamb Indicator ending the week at 900c/kg DW.
In 2024, Australian goatmeat production surged 47% year-on-year, smashing the previous record set in 2023. Since 2020, production and processing volumes have more than tripled, marking the highest output ever recorded. An expanded flock and increased processing capacity have reshaped the sector’s baseline, ushering in a new era of elevated supply.
Australia's top Angus genetics have been purchased both nationally and internationally at the Elite Angus Female Sale and "Angus on Ice" Frozen Genetics Sale. These sales were held as part of the Zoetis AngusEXPO during the World Angus Forum in Tamworth. Read more on the results from both sales, interfaced through AuctionsPlus.
It’s been a fortnight of standout results on AuctionsPlus, with strong clearances and competitive bidding across a variety of stud sales. Across cattle, sheep, goats and horses, AuctionsPlus interfaced 25 Stud sales over the past two weeks.
Strong sales results in recent AuctionsPlus stud cattle and equine auctions, with top prices, spirited bidding, and high clearances across multiple breeds nationwide.
Sign up to our weekly news updates
Connecting with communities across regional and rural Australia.
