Weekly Cattle Comments - 14.07.23

AuctionsPlus commercial cattle listings lifted to 8,245 head, increasing by 16%. The larger offering was met with subdued demand as clearance slipped to 58% and Value Over Reserve fell to $77. Similar to this time last year, the cattle market may again need a good dose of confidence and sunshine to escape from the dark and gloomy doldrums of winter. However, a lack of confidence this time around can’t be pinned on exotic disease concerns, but on the uncertain seasonal and economic outlooks.

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 280.1-330kg registered a larger offering of 1,629 head and averaged 1,130/head - down $7 from last week for a 79% clearance. Prices ranged from 293 - 425c and averaged 378c/kg lwt. From Hawkesdale, Victoria a line of 111 Angus/Angus steers aged 10 to 11 months old and weighing 299kg returned $1,270/head, or 425c/kg lwt.

Steers 330.1-400kg registered a larger offering of 791 head and averaged 1,262/head - down $93 from last week for a 67% clearance. Prices ranged from 256 - 428c and averaged 354c/kg lwt. From Narrabri, NSW a line of 81 Angus/Angus steers aged 10 to 11 months old and weighing 368kg returned $1,390/head, or 378c/kg lwt.

Heifers

Heifers 200.1-280kg registered a larger offering of 1,002 head and averaged $729/head - up $40 from last week for a 58% clearance. Prices ranged from 186 - 365c and averaged 303c/kg lwt. From Drillham, Queensland a line of 67 Hereford/Hereford heifers aged 6 to 9 months old and weighing 278kg returned $700/head, or 252c/kg lwt.

Heifers 280.1-330kg registered a larger offering of 798 head and averaged $862/head - down $44 from last week for a 54% clearance. Prices ranged from 239 - 346c and averaged 285c/kg lwt. From Cowra, NSW a line of 36 Shorthorn/Shorthorn heifers aged 11 to 12 months old and weighing 321kg returned $1,000/head, or 312c/kg lwt and will travel to a buyer in Guyra, NSW.

Breeding Stock

PTIC Heifers registered a larger offering of 942 head and averaged $1,573/head - up $333 from last week for a 23% clearance. From Walcha, NSW three lines of a total 79 Angus PTIC heifers aged 22 to 24 months old and weighing 427kg returned $1,775/head.

PTIC Cows registered a smaller offering of 287 head and averaged $1,256/head - down $282 from last week for a 62% clearance. From Murrays Bridge, Queensland a line of 29 Hereford/Hereford PTIC cows aged 32 to 36 months old and weighing 479kg returned $1,050/head.

Note: Prices as at 2pm Friday, 14th July 2023

Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices

AuctionsPlus Interactive Cattle Market Report