Market Comments

Weekly Cattle Comments - 08.09.23

Written by AuctionsPlus | Sep 8, 2023 6:24:45 AM

AuctionsPlus commercial cattle listings jumped 31% to 9,821 head, while clearance slipped 2 percentage points to 46% and value over reserve fell to $60/head. Young cattle drove the increase in listings as breeding stock numbers remained the same as last week. Heifers saw their best week in a long time with all five weight categories posting gains. Some rain in Victoria and southern NSW this week along with fast approaching spring breeding programs may have contributed to the stronger demand.

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 200.1-280kg registered a larger offering of 1,382 head and averaged $763/head - up $13 from last week for a 68% clearance. Prices ranged from 250 - 336c and averaged 308c/kg lwt. From Aramac, QLD a line of 152 Charolais/Charolais Cross steers aged 6 to 10 months old and weighing 270kg returned $845/head, or 313c/kg lwt.

Steers 280.1-330kg registered a larger offering of 1,736 head and averaged $921/head - down $12 from last week for a 45% clearance. Prices ranged from 219 - 357c and averaged 303c/kg lwt. From Pirron Yallock, NSW a line of 107 Angus/Angus steers aged 10 to 12 months old and weighing 298kg returned $990/head, or 332c/kg lwt.

Heifers

Heifers 200.1-280kg registered a larger offering of 1,066 head and averaged $583/head - up $63 from last week for a 59% clearance. Prices ranged from 198 - 299c and averaged 225c/kg lwt. From Longreach, QLD a line of 154 Santa Gertrudis/Santa Gertrudis heifers aged 7 to 14 months old and weighing 268kg returned $610/head, or 228c/kg lwt.

Heifers 280.1-330kg registered a larger offering of 1,138 head and averaged $709/head - up $53 from last week for a 45% clearance. Prices ranged from 197 - 301c and averaged 229c/kg lwt. From Spring Ridge, NSW a line of 23 Angus/Angus heifers aged 12 to 15 months old and weighing 314kg returned $690/head, or 220c/kg lwt.

Breeding Stock

PTIC Cows registered a larger offering of 545 head and averaged $1,274/head - up $374 from last week for a 31% clearance. From Isisford, QLD two even lines of 77 Droughtmaster/Droughtmaster cows aged six years old and weighing 577kg returned $1,310/head.

Note: Prices as at 2pm Friday, 8th September 2023

Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices


AuctionsPlus Interactive Cattle Market Report