Weekly Cattle Comments - 30.06.23

AuctionsPlus commercial cattle listings slipped to 7,284 head, decreasing 26%. Value over reserve increased $16 to average $113/head, while clearance fell to 53%. Prices were generally lower across the board this week as substantial rain in southern Australia caused further holding of livestock on farm and did little to improve restocking demand. With a subdued market, the attention of many vendors has instead turned to calving and the upcoming spring bull sales.

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 with 1,316 head, with prices decreasing by $28 on last week to average $1,115/head - for a 45% clearance. Prices ranged from 278-419c and averaged 365c/kg lwt. From Augathella, Queensland, a line of 101 Santa Gertrudis/Charolais steers aged 7 to 10 months old and weighing 310kg returned $1,100/head, or 354c/kg lwt and will travel to a buyer in Alpha, Queensland.

Steers 330-400kg registered a larger offering with 690 head, with prices decreasing by $36 on last week to average $1,229/head - for a 57% clearance. Prices ranged from 317-374c and averaged 346c/kg lwt. From Mandurama, NSW, a line of 97 Angus/Angus steers aged 9 to 10 months old and weighing 331kg returned $1,235/head, or 373c/kg lwt and will travel to a buyer in Coonamble, NSW.

Heifers

Heifers 200-280kg registered a smaller offering of 701 head and averaged $743/head – down $16 from last week for a 46% clearance. Prices ranged from 230-358c and averaged 298c/kg lwt. From Scone, NSW, a line of 106 Angus/Angus heifers aged 10 to 11 months old and weighing 260kg returned $930/head, or 358c/kg lwt.

Heifers 280-330kg registered a larger offering of 747 head and averaged $862/head – down $12 from last week for a 64% clearance. Prices ranged from 176-384c and averaged 280c/kg lwt. From Walgett, NSW, a line of 62 Angus/Santa Cross heifers aged 13 to 14 months old and weighing 323kg returned $970/head, or 301c/kg lwt and will travel to a buyer in Quirindi, NSW.

Breeding Stock

PTIC Heifers registered 760 head and averaged $1,337/head for a 56% clearance. Offering have remained low due to solid rain and pasture growth in the last week. From Morven, Southern Queensland, two even lines of 72 Brangus/Ultrablack PTIC heifers aged 19-22 months old and weighing 411kg returned an average of $1,205/head.

PTIC Cows registered a smaller offering with 197 head, with prices increasing on last week to average $1,499/head - up $272 for a 60% clearance. From Barraba, NSW, a line of 25 Angus/Angus cows aged 3.5 years old and weighing 561kg returned $1,600/head and will travel to a buyer in Wandoan, Queensland.

Note: Prices as at 2pm Friday, 30th 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