This week's cattle comments comes to you from the AuctionsPlus team at Beef, 2024 at Rockhampton. While the industry gathered en masse in Queensland for the event, AuctionsPlus commercial cattle sales continued across the country.
This week listings fell by 18% to 12,208 head. The average Value Over Reserve jumped $19 to $95 and the clearance rate dropped 12 percentage points to 59%. The AuctionsPlus Young Cattle Indicator lifted 22 points to 358, meanwhile benchmark steers 280-330kg were up 22 to $1,100.