Weekly Cattle Comments - 16.06.23

Commercial cattle listings in AuctionsPlus slipped to 9,186 head, down 15% on last week. The smaller offering created competition between bidders and pushed clearance up to 54%. Value over reserve was also higher, increasing $12 to average $89/head. Breeding stock numbers in particular were limited, AuctionsPlus Network Partner for Western Victoria and Eastern SA, Ellen Simpson, said “there was not a single breeding female listed in SA as good rainfall and feed availability caused producers to hold stock on farm.”

Table 1: AuctionsPlus National Weekly Cattle Prices
Table 2: AuctionsPlus Queensland Cattle Prices
Table 3: AuctionsPlus Angus Cattle Prices
Report: Interactive Market Dashboard - NEW

Steers

Steers weighing 200 - 280kg registered 1,287 head and averaged $922/head – down $48 from last week for a 66% clearance. Prices ranged from 232 - 424c and averaged 375c/kg lwt. From Biloela, Central Queensland, two lines of a total 153 Charolais/Composite steers aged 6 - 11 months old and weighing 269kg returned $950/head, or 353c/kg lwt.

A larger offering of 330 - 400kg steers averaged $1,338/head for a 24% clearance across the 779 head – rising $120 on last week. Prices ranged from 211 – 394c and averaged 362c/kg lwt. From Willow Tree, NSW, a line of 80 Angus steers aged 10 - 11 months old and weighing 376kg returned $1,480/head, or 394c/kg lwt.

Heifers

Listing of heifers weighing 200 - 280kg increased 10% to 1,237 head and averaged $674/head – down $95 from last week for a 64% clearance rate. Prices ranged from 181 – 382c and averaged 286c/kg lwt. From Bendemeer, NSW, two even lines of 43 Santa Gertrudis Cross heifers aged 12 - 13 months old and weighing 277kg returned $820/head, or 296c/kg lwt.

The 280 - 330kg and 330 - 400kg categories of heifers were dominated by an offering of 307 Angus heifers from Speriby North, Tenterfield. Ages across the ten lots ranged from 5 - 12 months old with weights ranging from 296 – 398kg. Prices ranged from $1,860 - $2,360/head and averaged $2,183/head for a 100% clearance.

Breeding Stock

PTIC heifers registered the smallest offering since August 2022, with 550 head averaging $1,456/head – up $224 on last week for a 56% clearance. The limited offering is likely a case of producers choosing to hold stock on farm due to favorable feed availability, and unfavorable prices. From Sandy Point, Victoria, a line of 20 Angus PTIC heifers aged 20 - 22 months old and weighing 478kg returned $1,720/head.

PTIC cows registered 1,131 head and averaged $1,504/head – down $33 from last week for a 54% clearance. From Willbriggie, New South Wales, a line of 29 Poll Hereford cows aged six years old and weighing 724kg returned $1,700/head and will travel to a buyer in Lake Cargelligo, NSW.

Note: Prices as at 2pm Friday, 16th 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