It was a slow first week for AuctionsPlus commercial cattle, with attention firmly fixed upon the kick-off to the weaner sales through southern regions.
Listings dropped away for the final AuctionsPlus commercial cattle sale of 2022, down 48% from last week to 9,679 head – the lowest weekly level since August.
While the recent decline in the cattle market has corresponded with a run of dry conditions, it’s far more indicative of a market with motivated sellers and very watchful buyers.
Rain and flooding continue to wreak havoc on the supply of cattle to market, with producers battling against restricted access to paddocks, yards and roads.
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