AuctionsPlus commercial cattle listings lifted to 8,245 head, increasing by 16%. The larger offering was met with subdued demand as clearance slipped to 58% and Value Over Reserve fell to $77. Similar to this time last year, the cattle market may again need a good dose of confidence and sunshine to escape from the dark and gloomy doldrums of winter. However, a lack of confidence this time around can’t be pinned on exotic disease concerns, but on the uncertain seasonal and economic outlooks.
