AuctionsPlus commercial cattle numbers fell 3% this week, with the 13,672 head also experiencing moderate price decreases. The lighter end of the steer market recorded the strongest gains again this week, however heifers in all weight categories except one fetched reduced head values.
AuctionsPlus commercial cattle numbers fell 3% this week, with the 13,672 head also experiencing moderate price decreases. The lighter end of the steer market recorded the strongest gains again this week, however heifers in all weight categories except one fetched reduced head values.
The dashboard may look destressing in all red but AuctionsPlus General Manager - Network Paul Holm reported this week's market reflected more normal market conditions, coming off an exceptional high result last week.
He also expected the clearance rate to continue to climb over the weekend, as post sale negotiations continue.
Processor activity dropped to 4% from nearly 11% last week, with the majority of interest in heifer lots, including one lot of PTIC heifers.
25% of all lots were purchased by inter-state buyers, seven percentage points higher than last week.
Highlights
From Bingara, NSW, a line of 66 Angus/Brangus steers aged sevent to 10 months old and weighing 317kg returned $1245/head, or 392c/kg lwt, and will travel to a buyer in Dorrigo Mountain, NSW.
From Bathurst, NSW, a line of 40 Angus heifers aged 11 to 12 months old and weighing 315kg returned $1150/head, or 365c/kg lwt, and will travel to a buyer in Blayney, NSW.
From Blackall, a line of 54 Santa Gertrudis cows aged four to five years old and weighing 569kg returned $2290/head, or 403c/kg lwt, and will travel to a buyer in Talwood, Queensland.
READ MORE: Read this week's sheep and lamb report
Weekly Market Price Tables
AuctionsPlus Cattle Market Report
Editor's note: You may have noticed we've made some changes to our weekly cattle market report. Never before have APlus News readers had access to so much data - covering not only this week's sale, but four weeks worth of information, all in one interactive table.
AuctionsPlus commercial cattle numbers lifted 41% this week, with the 14,075 head also securing moderate price increases. The lighter end of the steer and heifer market recorded the strongest gains and clearance rates for the second week in a row.
Value over reserve increased by $28 this week to average $104 above set reserves, as buyers had to push a bit harder to secure lots. The 280-330kg steer indicator was the only steer indicator lifted 2%, averaging $1,244/head, while the AuctionsPlus Young Cattle indicator lifted 5c to average 390c/kg lw.
Processor/feedlotter activity picked up again this week to 10.91%, with 1,246 head purchased.
Queensland was the largest listing state this week, with the 7,002 head, more than 2,000 extra compared to last week. The offering received some strong competition from both local and interstate buyers, with most of the offering selling between Queensland and NSW.
From West Kentish, Tasmania, a line of six Sim-Angus steers aged 16 to 17 months old and weighing 464kg returned $1910/head, or 412c/kg lwt and will travel to a buyer in Penguin, Tasmania.
From Mandurama, NSW, a line of 94 Angus heifers aged 12 to 13 months old and weighing 328kg experienced some hot competition to return $1820/head, or 555c/kg lwt and will travel to a buyer in Walcha, NSW.
From Baddaginnie, Victoria, a line of 21 Angus heifers aged 22 to 24 months old and weighing 475kg returned $1650/head, or 348c/kg lwt and will travel to a buyer in Tarnook, Victoria.
