Listings in AuctionsPlus weekly commercial cattle sales were steady at 15,116 head – down 3% from last week. Green ink made a return with most categories flat or better, as the first signs of price stabilisation appear in the market. The tropical low currently bringing significant rainto parts of northwest Queensland and the prospect for it to move into southeast Queensland has spurred improved demand from Queensland buyers. Listings in Queensland registered an average value over reserve of $170 and a 51% clearance rate – much higher on both fronts than the national listings ($96 and 41%) or Angus listings ($94 and 46%).
