Market Comments

Fortnightly Goat Comments - 06.08.21

Written by AuctionsPlus | Aug 6, 2021 2:00:31 AM

AuctionsPlus goat listings surged over the last fortnight, with a total 5,815 head offered - an increase of 142% on the previous fortnight. The sale on July 27 had 1,154 head listed, while this week’s Tuesday sale saw 4,661 head offered. 

NSW once again dominated the catalogues, accounting for 78% of all listings, with Western NSW being the largest listing region. Western Queensland followed as the second largest listing region for the fortnight, then the Northwest Slopes & Plains of NSW.

The increased supply was met with improved demand from the previous fortnight, as 5,562 head sold – registering a 96% clearance rate. Queensland was the largest purchasing state, with 60% of goats sold heading to Western Queensland. Southern Queensland and North Queensland followed closely, purchasing 13% and 11%, respectively.

Rangeland does were the most populated category with 3,668 head offered across the two sales and were in strong demand, with 99% clearance achieved. Prices ranged from $121 to $186, to average $151/head. The top priced lot was 51 Rangeland does, 4 to 11 months old, weighing 14kgs, from Roma, Queensland, which returned $186/head. From Cobar, NSW a line of 1- to 5-year-old Rangeland does with kids at foot, weighing 31kgs, returned $183/head and will travel to Roma.

Boer cross Rangeland does were the second largest listed category with 1,079 head offered. With 89% clearance achieved, they sold between $146 and $300, to average $230/head. The top priced lot hailed from Mystic Park in Northern Victoria - as a line of 85 first cross does, scanned in kid to Boer bucks, which returned $300/head. The does were 6 to 12 months old, weigh 28kgs and will remain local, travelling to Swan Hill, Victoria. A further highlight was a line of 580 joined first cross does with 50 kids at foot from Quilpie, Queensland - which sold for $245/head. The does are 1 to 4 years old, weight 28kgs and are scanned in kid to Red/White Boer and Kalahari Red bucks - they will head north to Charters Towers, Queensland.

Additionally, there were 900 Rangeland billies offered which sold between $88 and $98, averaging $93/head. From Broken Hill, NSW, a line of 700 Rangeland billies, 4 to 18 months old, weighing 18kgs claimed the top priced lot.