AuctionsPlus commercial cattle numbers fell 24% this week to 9,525 head offered.
The Value Over Reserve increased $8/head to $95, while the clearance rate fell 8 percentage points to 82%.
The benchmark steer indicator and AuctionsPlus Young Cattle Indicator both increased, by 7% to $1,253 and 13c to 391c/kg LW respectively.
Heavy steers attracted the biggest gains per head compared to the previous week, with those in the 400kg+ category lifting $318/head to $1,854.
Lightweight heifers recorded the greatest losses per head compared to the previous week, with thos in the under 200kg category dropping $83/head to $587.
Processor/feedlotter activity lifted to 5% from 2% last week.
The biggest movements in listings were in NSW, where the offering fell 2,616 head. The biggest change in purchasing behaviour was also found in NSW, where buyers took home half of the cattle they did the previous week.
Table 1: AuctionsPlus National Weekly Cattle Prices
Report: Interactive Market Dashboard
Heavy steers attracted the biggest gains per head compared to the previous week, with those in the 400kg+ category lifting $318/head to $1,854.
There was a decline of $27/head in the 200-280kg category to $981.
From Goondiwindi, QLD a line of 78 Angus/Angus steers aged eight to 12 months old and weighing 259kg returned $1170/head, or 451c/kg lwt and will travel to a buyer in Miles, QLD.
Heifer prices were mixed this week, with Heifers under 200kg falling $83/head to $587 for a 71% clearance and Heifers 330-400kg increasing $27/head to $1,373 or a 100% clearance.
From Boorowa, NSW, a line of 54 Angus Heifers aged 10 to 12 months old and weighing 272kg returned $1020/head, or 375c/kg lwt and will travel to a buyer in Boorowa, NSW.
There were mixed results within the reduced offering of breeding stock, including a $616/head boost to $1,788 for SM Heifers. The gain was achieved in a yarding of just 218 head and with just a 13% clearance.
Meanwhile, SM Cows dropped an average of $95/head to $1,683 with a clearance of 52%.
From Irrewillipe, VIC, a line of 24 Angus Heifers aged 30 to 32 months old and weighing 542kg returned $1975/head, or 365c/kg lwt and will travel to a buyer in Hamilton, VIC.
Note: Prices as at 2pm Friday, July 26, 2024.
Table 1: AuctionsPlus National Cattle Prices
Table 2: AuctionsPlus Queensland Cattle Prices
Table 3: AuctionsPlus Angus Cattle Prices
AuctionsPlus Interactive Cattle Market Report
