Buyer confidence on AuctionsPlus spiked this week, achieving an overall clearance of 85pc, which can be attributed to recent falls and more rain forecast for parts of Queensland. Heifer prices rose sharply in all weight categories, while young steer prices were mostly down on the previous week…Read MoreBeef Central, March 23, 2019
AA Co’s drought-driven sale of 5000 young steers from its desperately dry Barkly Tableland properties today produced a better-than-expected result, enjoying a market lift of 15-20c/kg over recent comparative rates, and up to 25c/kg in places. A changing buyer mood following recent rain and prospects of more in coming days from Cyclone Trevor was clearly evident. ..Read MoreJon Condon, March 22, 2019
A shower of rain almost a week ago and the forecast for the chance of more rain in the next few days combined with the smaller yardings resulted in a stronger market in all sections with some people saying it is the largest turn around in the market they have witnessed…Read MoreBeef Central, March 22, 2019
Export buyer attendance was good and not all were operating, however there was a return of a feeder operator in the yearling heifer section…Read MoreBeef Central, March 21, 2019
Cattle were drawn from the usual supply area and a good panel of buyers was present and saw increased restocker competition for heifers…Read MoreBeef Central, March 20, 2019
RAINFALL across parts of eastern Australia since late last week has lifted producer optimism in some areas, pushing the Eastern Young Cattle Indicator sharply higher this afternoon…Read MoreBeef Central, March 19, 2019
Weekend rainfall delivers some useful but customarily patchy falls from central Queensland to parts of New South Wales, as producers in the State’s north west enter the market in larger numbers to restock now they have a feed response from last month’s flooding rains…Read MoreJames Nason, March 18, 2019
Heifer prices trended down, while there was some recovery in lighter steer categories on AuctionsPlus this week. Cattle numbers remained steady with 13,889 head listed.
The forecast for weekend rain combined with the very cheap markets over the past two weeks reduced numbers considerably.
A combination of the much cheaper market the previous sale and the forecast of some rain reduced the supply of stock to half of the previous weeks level to 2,997 head…Read MoreBeef Central, March 14, 2019