It was a reduced supply of cattle through AuctionsPlus commercial cattle sales this week, with overall numbers contracting 20% on last week’s unexpectedly large offerings, to 17,113 head.
AuctionsPlus commercial cattle sales this week continued to see a steady rise in offerings, with the first signs of some buyer caution evident through the young steer lines, with prices softer and clearance rates below late 2021 levels for the second consecutive week.
The significant jump in the number of cattle offered through AuctionsPlus commercial cattle sales this week was no match for the hungry buyers in waiting.
The penultimate week of AuctionsPlus commercial sales for 2021 delivered mixed results through the main young cattle categories, with the 16,741 head offered - up 22% on last week and the largest weekly offering since the start of November.
The national cattle market looks determined to run flat-out into the final weeks of 2021, with another very good week of clearance results for vendors.
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