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.
Table 1: AuctionsPlus National Weekly Cattle Prices
Table 2: AuctionsPlus Queensland Cattle Prices
Table 3: AuctionsPlus Angus Cattle Prices
Report: Interactive Market Dashboard
Steers
Steers 330-400kg registered a smaller offering of 1,719 head, averaging of $1,067/head, up $22 from last week to achieve an 88% clearance rate. Prices ranged from 233 - 352c and averaged 289c/kg lwt. From Walgett, NSW a line of 170 Angus steers, split between two even lots aged 12 to 15 months old and weighing 386kg returned $1140/head, or 295c/kg lwt each and will travel to a buyers in Mungindi, NSW and Toowoomba, QLD.
Steers 400kg + registered an offering of 1,017 head. That was slightly larger (4%) than the previous week's and averaged $1,217/head - up $51 from last week for an 83% clearance. Prices ranged from 209 - 302c and averaged 278c/kg lwt. From Wagga Wagga, NSW a line of 114 Angus/Hereford steers split across two even lots aged 14 to 16 months old and weighing 463kg returned $1296/head, or 280c/kg lwt each and will travel to a buyer in Toowoomba, QLD.
Heifers
Heifers 200-280kg registered a larger offering of 931 head, compared to 745 last week, averaging $772/head - up $46 from last week for a 78% clearance. Prices ranged from 210 - 408c and averaged 305c/kg lwt. From Clermont, QLD a line of 62 Brangus/Red Brangus heifers aged 9 to 13 months old and weighing 243kg returned $510/head, or 210c/kg lwt and will travel to a buyer in Moura, QLD.
Heifers 280-330kg registered a larger offering of 1,223 head and averaged $888/head - up $9 from last week for a 82% clearance. Prices ranged from 180 - 457c and averaged 301c/kg lwt. From Bingara, NSW a line of 35 Angus heifers aged 14 to 15 months old and weighing 289kg returned $1320/head, or 457c/kg lwt and will travel to a buyer in Toowoomba, QLD.
Breeding stock
Breeding stock was in strong demand despite a larger offering and all categories achieved higher prices, except for SM heifers.
PTIC Cows registered a larger offering of 422 head and averaged $1,687/head - up $354 from last week for a 97% clearance. From Inverell, NSW a line of 54 Angus cows aged 3 to 4 years old and weighing 546kg returned $1790/head and will travel to a buyer in Lavington, NSW.
PTIC Heifers registered a smaller offering of 232 head and averaged $1,706/head - up $408 from last week for a 98% clearance. From Mortlake, VIC a line of 40 Angus heifers aged 26 to 28 months old and weighing 526kg returned $2060/head and will travel to a buyer in Marlo, VIC.
Note: Prices as at 2pm Friday, 24th November 2023
Table 1: AuctionsPlus National Cattle Prices
Table 2: AuctionsPlus Queensland Cattle Prices
Table 3: AuctionsPlus Angus Cattle Prices
AuctionsPlus Interactive Cattle Market Report
