AuctionsPlus commercial cattle listings lifted again this week to reach 10,257 head, increasing by 6%. The larger offering was met with less demand than last week, however clearance remained strong at 84%, 8 percentage points less than last week, while value over reserve fell by $16 to average $170.
The offering available on the AuctionsPlus platform has again continued its upward trend, most noticeably in heavier lines of both steers and heifers. These heavier lines have been met with strong processor activity, making up 11.16% of the sold offering. Despite a reduced clearance, all categories experienced price rises except for steers 200kg and under, and SM Heifers.
