Weekly Cattle Comments - 11.08.23

AuctionsPlus commercial cattle listings lifted to 11,895 head, increasing by 3%. The larger offering was met with easing demand as clearance fell to 45%, while value over reserve also fell to $51. As expected, listings are increasing each week as the days get longer and developing dry conditions are restricting any improvement in restocker 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 2,238 head and averaged 820/head - down $35 from last week for a 58% clearance. Prices ranged from 265 - 364c and averaged 347c/kg lwt. From Tambo, Western Queensland a line of 67 Santa Gertrudis/Santa Gertrudis steers aged 8 to 10 months old and weighing 271kg returned $960/head, or 354c/kg lwt.

Steers 330.1-400kg registered a larger offering of 1,453 head and averaged 1,117/head - down $55 from last week for a 39% clearance. Prices ranged from 92 - 355c and averaged 325c/kg lwt. From Uranquinty, NSW two even lines of 65 Angus/Angus steers aged 10 to 12 months old and weighing 353kg returned $1,255/head, or 355c/kg lwt. A line of 20 Friesian steers from Corryong, Victoria sold for the low price of 92c/kg lwt, or $315/head.

Heifers

Heifers 200.1-280kg registered a smaller offering of 1,664 head and averaged $630/head - down $1 from last week for a 53% clearance. Prices ranged from 159 - 341c and averaged 269c/kg lwt. From Armidale, NSW three even lines of 100 Angus/Angus heifers aged 9.5 to 11 months old and weighing 232kg returned $680/head, or 293c/kg lwt and will all travel to a buyer in Blackall, Western Queensland. From Emerald, Central Queensland a line of 102 Brangus/Brangus heifers aged 7 to 12 months old and weighing 261kg returned $890/head, or 341c/kg lwt.

Heifers 330.1-400kg registered a larger offering of 865 head and averaged 1,039/head - down $144 from last week for a 35% clearance. Prices ranged from 137 - 305c and averaged 285c/kg lwt. From Mount Tenandra, NSW a line of 68 Angus/Angus heifers aged 12 to 14 months old and weighing 397kg returned $1,120/head, or 282c/kg lwt and will travel to a buyer in Quirindi, NSW.

Breeding Stock

Both offerings and results were mixed for breeding stock this week as producers grapple with the tough decision to either hold or sell. PTIC Heifers registered a smaller offering of 429 head and averaged $1,337/head - up $128 from last week for a 56% clearance. From Bollon, NSW two even lines of 63 Droughtmaster/Droughtmaster Cross heifers aged 20 to 24 months old and weighing 457kg returned $1,410/head, and will travel to a buyer in Mitchell, Southern Queensland.

PTIC Cows registered a larger offering of 488 head and averaged 1,075/head - down $314 from last week for a 12% clearance. From Toowoomba, Southern Queensland a line of 19 Santa Gertrudis/Santa Gertrudis cows aged 3 to 4 years old and weighing 473kg returned $1,200/head.

Note: Prices as at 2pm Friday, 10th August2023

Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices

AuctionsPlus Interactive Cattle Market Report