Market Comments

Weekly Cattle Comments - Week ending Friday 29th September

Written by AuctionsPlus | Sep 29, 2023 8:18:25 AM

AuctionsPlus commercial cattle listings recorded a rise of 20% at 10,513 head this week, with clearance improving on last week at 42%, although still quite subdued. Value over reserve lifted $7 to average $59 above set reserves in what was another tough market, especially for the steer and heifer market which experienced weaker trends. Breeding stock recorded fluctuating trends across categories with 3 up and 3 down, while clearance rates for individual categories recorded large spreads.

 

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 200-280kg registered a smaller offering of 1,030 head and averaged $550/head - down $88 from last week for a 63% clearance. Prices ranged from 147 - 274c and averaged 235c/kg lwt. From Molong, NSW a line of 154 Angus steers split across two even lots aged 6 to 7 months old and weighing 224kg both returned $600/head or 268c/kg lwt and will both travel to a buyer in Inverell, NSW.

Steers 280-330kg registered a larger offering of 1,569 head and averaged $651/head - down $145 from last week for a 37% clearance. Prices ranged from 137 - 258c and averaged 223c/kg lwt.

Heifers

Heifers 200-280kg registered a larger offering of 902 head and averaged $451/head - up $1 from last week for a 58% clearance. Prices ranged from 137 - 258c and averaged 180c/kg lwt.

Heifers 280-330kg registered a larger offering of 1,007 head and averaged $586/head - down $13 from last week for a 37% clearance. Prices ranged from 154 - 222c and averaged 190c/kg lwt.

Breeding Stock

PTIC cows registered a smaller offering of 118 head and averaged $989/head - down $85 from last week.  From Berridale, NSW a line of 6 Angus 4 year old PTIC cows sold for $1,000/head.

Note: Prices as at 2pm Friday, 22nd 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