A tough week for commercial cattle this week with the 17,760 head managing to clear just 36%. Steers 280-330kg have held steady in terms of price but the AuctionsPlus Young Cattle Indicator fell 23 points.

The optimism at the start of the year seems to have dried up along with the available pasture. Heat waves in South Australia and Victoria in February and into March have seen those states lead in terms of falls in confidence.

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AuctionsPlus commercial cattle listings rose slightly to 17,205 head. Competition was subdued however, with a clearance of 54%, do...
AuctionsPlus commercial cattle listings fell by 10% to 16,743 head this week. The average values over reserve measure extended by ...
AuctionsPlus commercial cattle offerings fell 11% to 18,343 head compared to last week's 20,584, but the market's appetite didn't ...
AuctionsPlus commercial cattle lifting rose slightly to 17,205 head. Competition was subdued however, with a clearance of 54%, down 10 percentage points on last week.
AuctionsPlus commercial cattle listings fell by 10% to 16,743 head this week. The average values over reserve measure extended by $16 to $96/head, indicative of strong competition within lots that were favoured by buyers.
Steers remained in relatively high demand on AuctionsPlus while female interest pulled back. The benchmark steer index stayed steady.
Stock levels continued their strong start to the year on AuctionsPlus with the number of head listed crossing 20,000 this week. Clearance was 56%.
Listings continued their strong start to the year on AuctionsPlus with a 14% lift in head offered to 19,457. Prices continue to show decent growth on the AuctionsPlus Young Cattle Indicator, up 13 points to 381.
After a disrupted week, AuctionsPlus cattle sales rebounded this week with listings tripling to 17,012. Prices remained steady across most categories.
Processors were active this week, with 19% of the sold offering being secured by a processer buyer, or 1,008 head going to seven different buyers.
AuctionsPlus commercial cattle offerings lifted again this week, rising 43% to 11,281 head. Clearance remained strong at 85% while value over reserve also showed a positive increase, up $21 to $151.

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