Weekly Cattle Comments - Week ending Friday 3rd November

AuctionsPlus commercial cattle listings slipped to 5,479 head, decreasing by 32%. Strong competition was spurred by the smaller offering, with a 78% clearance rate, a 19 percentage point rise on last week. Value over reserve also lifted, up $48 to average $159.

Despite significant reductions in the number of heavier lines of steers offered, prices were down for steers 330 – 400kg and for steers over 400kg. Heifer lines all achieved stronger prices, except for heifers 280-330kg. A 29% lower offering across all breeding stock categories resulted in stronger prices across most categories, except for PTIC heifers and PTIC cows.

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 280-330kg registered a larger offering of 1,045 head and averaged $761/head - up $2 from last week for a 84% clearance. Prices ranged from 174 - 284c and averaged 253c/kg lwt. From Tambo, QLD a line of 41 Santa Gertrudis steers aged 9 to 12 months and weighing 300kg returned $850/head, or 284c/kg lwt and will travel to a buyer in Charleville, QLD.

Steers 330-400kg registered a smaller offering of 722 head and averaged $843/head - down $27 from last week for a 76% clearance. Prices ranged from 201 - 273c and averaged 233c/kg lwt. From Willow Tree, NSW a line of 86 Angus steers aged 12 to 13 months and weighing 346kg returned $841/head, or 243c/kg lwt and will travel to a buyer in Clunes, NSW.

Heifers

Heifers 200-280kg registered a smaller offering of 518 head and averaged $486/head - up $35 from last week for a 94% clearance. Prices ranged from 160 - 227c and averaged 198c/kg lwt. From Sodwalls, NSW a line of 72 Angus heifers aged 13 to 14 months and weighing 247kg returned $530/head, or 215c/kg lwt and will travel to a buyer in Wombat, NSW.

Heifers 280-330kg registered a larger offering of 627 head and averaged $602/head - down $17 from last week for a 96% clearance. Prices ranged from 159 - 251c and averaged 204c/kg lwt. From Coleraine, VIC a line of 52 Angus heifers aged 13 to 14 months and weighing 319kg returned $650/head, or 204c/kg lwt and will travel to a buyer in Yea, VIC.

Breeding stock

PTIC cows registered a larger offering compared to last week with 174 head, however demand was subdued for a clearance of just 10%,  at an average of $814/head – down $266 from last week. From Raleigh, NSW a line of 12 Angus/Charolais cows aged 1 to 8 years old and weighing 583kg returned $820/head and will travel to a buyer in Moree, NSW.

SM cows & calves registered a smaller offering of 277 head and averaged $1,266/head - up $260 from last week for a 96% clearance. From Rowena, NSW a line of 50 Angus/Hereford cows aged 36 to 40 months old and weighing 495kg returned $1800/head and will travel to a buyer in Narrabri, NSW.

Note: Prices as at 2pm Friday, 3rd November 2023

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Table 1: AuctionsPlus National Cattle Prices

Table 2: AuctionsPlus Queensland Cattle Prices

Table 3: AuctionsPlus Angus Cattle Prices

AuctionsPlus Interactive Cattle Market Report