AuctionsPlus commercial cattle numbers fell substantially this week, decreasing by 26%, to 12,416 head offered. Despite a tighter supply pool, the weekly indicators were mixed, with Value Over Reserve reducing by $19 to average $64/head above set reserves, while clearance improved slightly on last week to close the week at 56%. Prices were stronger for steer categories, while heifers experienced declines throughout the weight tiers. The AuctionsPlus Young Cattle Indicator fell 16c to 351 c/kg LW, while the benchmark steer indicator rose 3% to average $1,144/head.
