The National Young Cattle Indicator (NYCI) continues to bounce back, lifting 12.95c/kg liveweight in the past week to be 357.92c/kg early Friday morning. It remains 5.87 back on the previous month and is 28.08 higher than the same time last year.
The AuctionsPlus Weekly Sheep and Lamb Market remained steady, with 67,669 head listed. Key market indicators showed mixed results. However, buyer confidence remained strong, as the value over reserve increased by $2 to an average of $9, the ARLI also rose by 55c to 736c/kg DW, highlighting continued strength in the restocker market.
The AuctionsPlus commercial cattle market experienced increased listings and steady demand this week, with 10,278 head offered, up 10% from last week. Clearance rates lifted to 69%, reflecting improved confidence in the market.
Welcome to the AuctionsPlus Cattle Market Report for 2024. To stay updated with what is currently happening in the commercial cattle market, jump over to the 2025 Weekly Cattle Market Report.
Welcome to the AuctionsPlus Sheep and Lamb Market Report for 2024. To stay updated with what is currently happening in the commercial sheep and lamb market, jump over to the 2025 Weekly Sheep & Lamb Market Report.
Sign up to our weekly news updates
Connecting with communities across regional and rural Australia.
