Weekly Cattle Comments - 07.07.23

Commercial cattle listings on AuctionsPlus fell slightly to 7,085 head, decreasing by 3%. The reduced offering was met with healthy competition as clearance rose to 65%, value over reserve lifted by $20 to average $133. Prices rose across most categories this week. Low prices and high pasture availability is causing greater retention of cattle on farm. Buying activity is likely to ramp up as we edge closer to spring and the days get longer.

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 200-280kg saw positive results in the week, averaging $972/head – up $94 from last week while registering a larger offering of 1,287 head for a 74% clearance. Prices ranged from 327 - 585c and averaged 419c/kg lwt. From Pallamallawa, NSW, a line of 41 Angus steers aged 8 to 10 months old and weighing 271kg returned $930/head, or 343c/kg lwt and will travel to a buyer in Lucindale, SA.

Steers 280-330kg had a reduced offering of 871 head, achieving an average of $1,132/head - up $65 from last week for a clearance of 67%. Prices ranged from 334 - 463c and averaged 381c/kg lwt. From Ladysmith, NSW, a line of 109 Angus steers aged 9 to 11 months old and weighing 303kg returned $1,290/head, or 426c/kg lwt and will travel to a buyer in Korumburra, Victoria. 

Heifers

Heifers 200-280kg registered a larger offering of 823 head but lower in price to average $667/head - down $39 from last week for a 90% clearance. Prices ranged from 232 - 388c and averaged 303c/kg lwt. From Burraga, NSW, a line of 50 Angus heifers aged 7 to 8 months old and weighing 214kg returned $760/head, or 356c/kg lwt and will travel to a buyer in Mallala, SA.

Heifers 330-400kg had a larger offering of 349 head and averaged $1,151/head, an increase of $130 from last week achieving a 90% clearance. Prices ranged from 235 - 386c and averaged 316c/kg lwt. A line of 59 Charolais/Angus heifers from Coonamble, NSW, aged 12 to 14 months old and weighing 347kg returned $1,140/head, or 329c/kg lwt and will travel to a buyer in Dirranbandi, QLD.

Breeding Stock

PTIC Heifers registered 503 head and averaged $1,359/head for a 31% clearance. From Holbrook, NSW, a line of 26 Angus heifers aged 22 to 23 months old and weighing 459kg returned $1,850/head and will travel to a buyer in Temora, NSW.

PTIC Cows registered a larger offering of 574 head, averaging $1,599/head, an increase of $103 from last week for a 60% clearance. From Coonamble, NSW, a line of 38 Santa Gertrudis cows aged 2 to 4 years old and weighing 513kg returned $1,540/head going to a buyer in Bourke, NSW.

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Note: Prices as at 2pm Friday, 7th June 2023

Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices

AuctionsPlus Interactive Cattle Market Report