After a disrupted week due to the Australia Day long weekend, AuctionsPlus cattle sales rebounded this week with listings rising almost threefold to 17,012. Compared to the start of last year, the industry is leaping out of the gates — it wasn't until April of 2023 that AuctionsPlus had that many head offered.
The trend of big offerings that we saw last year has continued, and buyer sentiment continues to be strong despite the volume — clearance was a robust 75% while prices are holding. Value over reserve erased last week's fall to rise 20%.
