AuctionsPlus commercial cattle listings totalled 10,702 head this week, lifting by 15% on last week. The increased offering did nothing to dampen buyer sentiment, with the overall clearance rate hitting 90% at close of sale.
Shorthorns excel in southern stud sales, with top bull fetching $32,000. Online buyers actively engaged, driving high clearance rates and strong prices across various breeds.
Stud sales across Australia see impressive results with top-priced bulls and strong clearance rates, with premium genetics in Angus, Herefords, and Simmental breeds.
Welcome to the AuctionsPlus Cattle Market Report for 2024. To stay updated with what is currently happening in the commercial cattle market, jump over to the 2025 Weekly Cattle Market Report.
AuctionsPlus commercial cattle numbers lifted by 23% this week, with 12,903 head offered. However, demand eased compared to previous weeks, now sitting at 65%. Value over reserve continued to rise, averaging $122 above set reserves - $52 higher than the lowest VOR recorded in the past month.
AuctionsPlus commercial cattle numbers fell 23% this week, with the reduced yarding of 10,544 head retaining similar prices from the previous week. Value Over Reserve lifted $27 to reach $104 and the clearance rate was steady at 76%.
AuctionsPlus commercial cattle numbers fell by 7% this week, with the 9,952 head meeting decreased demand clearance falling five percentage points to 78%. The lighter end of the steer and heifer market recorded the strongest gains again this week, while the heavier end of the market slumped in both price and clearance rate.
AuctionsPlus commercial cattle numbers fell by 24% this week, with the 10,720 head attracting stronger demand than last week with clearance increasing 10-percentage-points to 77%. The stronger demand was felt across all stock categories this week, with only one category from each of steers, heifers and breeding stock falling in value. The lighter end of the steer and heifer market recorded the strongest gains after falling last week, while the heavier end of the market continues its strong run.
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