Weekly Cattle Comments - 25.08.23

AuctionsPlus commercial cattle listings slipped to 8,983 head, decreasing by 14%. The smaller offering was met with mixed competition as clearance fell to 34%, while value over reserve lifted by $9 to average $45. The reduction in the total offering did little to promote demand, seen through the lower clearance. However, vendors who adjusted their reserve levels and managed to find a sale were awarded with an average VOR of $45.

The overall market was down this week with only one category from both steers and heifers recording price increases, while breeding stock saw all categories subtract. The smaller offering was mainly driven by a smaller pool of heifers being listed, down 23% from last week.

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 smaller offering of 1,638 head and averaged $857/head - down $26 from last week for a 29% clearance. Prices ranged from 252 - 366c and averaged 334c/kg lwt. From Armidale, NSW a line of 58 Angus steers aged 10 to 11 months old and weighing 267kg returned $910/head, or 341c/kg lwt and will travel to a buyer in Ebor, NSW.

Steers 280.1-330kg registered a larger offering of 1,126 head and averaged $1,021/head - down $7 from last week for a 51% clearance. Prices ranged from 211 - 344c and averaged 316c/kg lwt. From Warren, NSW a line of 93 Angus steers aged 9 to 12 months old and weighing 321kg returned $955/head, or 297c/kg lwt and will travel to a buyer in Peranga, QLD.

Heifers

Heifers 200.1-280kg registered a larger offering of 1,224 head and averaged $632/head - up $61 from last week for a 25% clearance. Prices ranged from 182 - 313c and averaged 266c/kg lwt. From Baradine, NSW a line of 41 Angus heifers aged 10 to 11 months old and weighing 237kg returned $495/head, or 209c/kg lwt and will travel to a buyer in Uralla, NSW.

Heifers 330.1-400kg registered a smaller offering of 329 head and averaged $927/head - down $73 from last week for a 33% clearance. Prices ranged from 254 - 270c and averaged 257c/kg lwt. From Boggabri, NSW a line of 72 Angus heifers aged 10 to 13 months old and weighing 363kg returned $925/head, or 255c/kg lwt and will travel to a buyer in Quirindi, NSW.

Breeding Stock

PTIC heifers registered a smaller offering of 445 head and averaged $1,186/head – down $14 from last week for an 18% clearance. From Isisford, QLD a line of 56 Angus/Droughtmaster heifers aged 18 to 22 months old and weighing 425kg returned $1,200/head, or 282c/kg lwt and will travel to a buyer in Julia Creek, QLD

PTIC cows registered a smaller offering of 577 head and averaged $1,171/head - down $24 from last week for a 12% clearance. From Mount Taylor, VIC a total of 64 Hereford cows across two even lots aged 6 to 7 and 8 years weighing 562kg and 566kg both returned $1,150/head and will travel to the same buyer in Lockington, VIC.

Note: Prices as at 2pm Friday, 25th August2023

Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices

AuctionsPlus Interactive Cattle Market Report