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Cattle

Tassie Heifers Headed to NSW – Selling for $4,875/head

PUBLISHED Fri, 25 June 2021

The highlight of the weekly Tasmanian cattle sale this week was a line of 8 Speckle Park NSM future breeders weighing 364kg, selling for $4,875/head. Bidding kicked off at $4,100/head, with a total of 31 bids placed by bidders from NSW, Victoria and locally in Tasmania.

Born in a four-week period across February and March of 2020, these heifers were purebred and registered. Offered by Elders Tasmania on behalf of ‘JJ & VA Argent’ from Elliot in Tasmania, these 14–15-month-old vendor bred heifers are by Roscrea and Gin Gin cows and sired by River Hill, High Low and JAD bulls using artificial insemination.

Jeff Argent, the vendor, has used AuctionsPlus previously to buy and sell, and said he chose to list the heifers on AuctionsPlus to “get them advertised Australia-wide” with Elders agents Greg Harris and Crighton Horton receiving calls from both local and interstate buyers throughout the campaign. Selling $650 above reserve, Jeff said they sold “better than anticipated” and the heifers will make the journey to the Central West of NSW.

Overall, the sale had over 5,000 catalogue views and a total of 181 users connecting to the auction. There were 48 active bidders of which 22 were successful, while achieving a clearance of 87% at the conclusion of the auction.


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Weekly Comments

Weekly Wool Comments - 02.07.21

The final auctions of the 2020/21 wool season were held this week, with negative price trends across all sectors being registered. The AWEX Eastern Market Indicator (EMI) slipped 3% or 45c this week, to finish at 1,425c/kg or 1,020c/kg in US dollar terms. While the number of bales offered this week climbed to 42,847, the increase in supply registered reduced demand, seeing the passed in rate rise exponentially to 21.6%.

Sheep & Lamb

White Suffolk Listings Go Baa-llistic

White Suffolk listings on AuctionsPlus have seen considerable growth over recent years, with a listings increase of 130% from 2016 to 2020, with a peak of 437,603 head offered.

Sheep & Lamb

Quiet Confidence Sets Foundation for First Cross Ewe Lamb Market

The second edition of “Paddock Wisdom” registered a decline in the number of responses, at just shy of 600 for the seven days. However, even with the reduced overall responses to the survey (compared with survey 1) there was an increased direct interaction from AuctionsPlus clients with the AuctionsPlus Market Insights team - discussing and providing further insight into the outlook for the market. The results are as below:

Weekly Comments

Weekly Cattle Comments - 25.06.21

While AuctionsPlus throughput numbers were largely unchanged on last week, with 14,405 head offered, the final week of the 2020-21 financial year certainly ended on a high for the young cattle market, with the EYCI hitting a fresh record of 932c/kg cwt. More rain through key regions helped to top up the frothing demand for young cattle, especially for the online heifer categories, as the increasingly wet winter in many southern regions has producers looking forward to spring.

Weekly Comments

Weekly Sheep & Lamb Comments - 25.06.21

Fine Merino fleeces have once again been the driving force behind the rise in the AWEX Eastern Market Indicator (EMI) for selling week 52. The EMI rose by 20c to finish at 1,468c/kg, or 1,108c/kg in US dollar terms. Due to Fremantle’s mid-year schedule of fortnightly sales, only Melbourne and Sydney centres were selling this week. Between the two, 30,000 bales were offered with a passed in rate of 5.1%.

Weekly Comments

Weekly Wool Comments - 25.06.21

Fine Merino fleeces have once again been the driving force behind the rise in the AWEX Eastern Market Indicator (EMI) for selling week 52. The EMI rose by 20c to finish at 1,468c/kg, or 1,108c/kg in US dollar terms. Due to Fremantle’s mid-year schedule of fortnightly sales, only Melbourne and Sydney centres were selling this week. Between the two, 30,000 bales were offered with a passed in rate of 5.1%.

Cattle

Tassie Heifers Headed to NSW – Selling for $4,875/head

The highlight of the weekly Tasmanian cattle sale this week was a line of 8 Speckle Park NSM future breeders weighing 364kg, selling for $4,875/head. Bidding kicked off at $4,100/head, with a total of 31 bids placed by bidders from NSW, Victoria and locally in Tasmania.

Sheep & Lamb

Poll Dorset Lambs Average 11% Price Increase YOY Since 2016

Poll Dorset listings on AuctionsPlus have fluctuated in correspondence with seasonal conditions since 2016. Listings have increased year-on-year from 2016 to peak in 2019 - at the height of the drought when destocking was prevalent throughout the eastern states. Listings peaked at 315,519 head, with numbers falling by 11% in 2020 due to improved seasonal conditions and a shift to flock rebuilding.

Sheep & Lamb

Deja Ewe? Aussie White Ewes Smash Record AGAIN

The AuctionsPlus commercial ewe record of $988/head only lasted seven days, as the AuctionsPlus National Sheep sale on the 22nd June 2021 had 60 station mated Australian White ewes, which all surpassed the record set the previous week.

Sheep & Lamb

Where do YOU see the First Cross Ewe Lamb Price for December 2021?

Given the success of the first edition of “Paddock Wisdom”, AuctionsPlus would again like to engage the services of its clients – this time looking at the six-month outlook for the Australian lamb market. In contrast to the cattle market, the seasonality of the Australian lamb market has a large impact on annual pricing – so we have given a brief historical context to the change in prices over the period since 2010 to assist responses.

Weekly Comments

Weekly Cattle Comments - 18.06.21

Underpinned by more rain in key areas and a renewed forecast for sustained wet conditions into the third quarter of 2021, overall supplies through AuctionsPlus contracted 20% on last week, to 11,684 head. As the young cattle market continued to soar this week, with the EYCI remaining above 900c/kg cwt, online clearance rates kicked higher, registering between 85-97% for the heaviest populated categories.

Weekly Comments

Weekly Sheep & Lamb Comments - 18.06.21

AuctionsPlus’ sheep and lamb listings decreased 36% this week, totaling 44,769 head – breaking the recent run of increased weekly throughput. Prices again fluctuated across the categories, despite the decrease in supplies. Lambs observed a price increase in three-out-of-five categories, with an overall clearance rate of 67%, while joined ewes recorded an overall price decrease across the indicative categories.

Weekly Comments

Weekly Goat Comments - 18.06.21

Listings in the AuctionsPlus National Goat Sale increased 90% this week, to total 1,428 head. The sale consisted mainly of Rangeland does, though there was a significant offering of Kalahari Red bucks and does from a single vendor. A clearance rate of 95% was achieved with strong demand from buyers in Queensland, New South Wales, Victoria and South Australia.

Weekly Comments

Weekly Wool Comments - 18.06.21

Selling week 51 saw the Fremantle selling center jump back into action after its recess and made an instant impact. The AWEX Eastern Market Indicator (EMI) rose by 55c to close out the selling week at 1,448c/kg or 1,105c/kg in US dollar terms and the passed in rate remained strong at 4.6%. In the last two weeks, the EMI has increased by over 100c, lifting to pre-COVID levels.

Cattle

Organic Cattle: Is the Grass Greener?

Across the agricultural sector there has been considerable growth in the organic market fueled by rising consumer demand and awareness. For the first six months so far in 2021, AuctionsPlus organic cattle throughput has increased by 214% year-on-year, to 6,655 head - with total cattle throughput down 3% for the same period.

Sheep & Lamb

Aussie White Ewes Smash AuctionsPlus Record by $328!

Australian White sheep lines have been dominating headlines in recent months, as the surge in demand has been a feature of many market reports, as the breed continues to reach unprecedented levels. This was highlighted on Tuesday in the AuctionsPlus weekly commercial sheep and lamb auctions, when two lines of Australian White SIL ewe lambs from West Wyalong NSW, sold for $988/head. 

Cattle

Optimism Abounds for Cattle Prices to Remain High for Remainder of 2021

The first edition of “Paddock Wisdom” proved to be a great success, with over 2,000 responses. The survey was open for exactly seven days, with plenty of feedback from participants – covering everything on why they selected one-of-five options, through to future survey topics. The results are as below:

Working Dogs

Working Dog Record Smashed: Hoover Cleans Up

The abrupt recent lockdown experienced in Victoria in the final week of May saw the Casterton Kelpie Association turn to AuctionsPlus to host their annual working dog auction, which is usually interfaced with AuctionsPlus, as an online only auction. The auction ran for ten days, starting on Friday June 4th, with the timer commencing on Sunday June 13th, to conclude the sale.

Weekly Comments

Weekly Cattle Comments - 11.06.21

Some excellent falls of rain throughout the past week continued to underpin the unprecedented demand for light cattle, with the EYCI jumping back above 900c during the week. With total offerings through AuctionsPlus back 8% this week, to 14,522 head, prices increased for the mid-weight young steers, while the heavier end of the young heifer category registered steady price rises.

Weekly Comments

Weekly Sheep & Lamb Comments - 11.06.21

A 6 % increase in supply this week was registered for exclusive AuctionsPlus sheep and lamb listings, totalling 69,940 head – the second consecutive week of increased throughput. Prices fluctuated heavily, as supply and quality impacted prices. Joined ewes witnessed price increases across the majority of the indictive categories, while lambs reported an overall cheaper trend. Despite the cheaper market, clearance remained robust through the lamb categories, as reports of good rain across the eastern states helped fuel buyer demand.

Weekly Comments

Weekly Wool Comments - 11.06.21

This week saw solid gains across all micron prices with the finer wools again attracting the most demand. The AWEX Eastern Market Indicator made large gains this week, increasing 50c, to close out the week at 1,393c/kg or 1,078c in US dollar terms.

Market Insights

Dry Autumn Run in SA and Victorian Border Regions sees Online Listing Jump

As the run of excellent seasonal conditions in the eastern states has been underpinning the market for the past year, attention still needs to be given to the regions experiencing drier than average conditions. According to Bureau of Meteorology (BOM), between March and May 2021, Western Victoria and Southeast South Australia have received very much below average rainfall - which has started to impact upon producers’ decisions to hold, or sell, as the challenge of the winter months, lie ahead.