ANGUS first-calf heifers sold to $2170, while heavy feeders averaged 325c/kg in a smaller offering on AuctionsPlus cattle sales on Friday.
Listing numbers dropped by 14 percent to 8570 head on the previous week, with the biggest declines seen in the southern sale catalogue, where numbers close to halved at 2908 head.
Bigger numbers flooding all southern cattle markets late last week have caused the first significant price correction in many months, though physical markets did not seem to be as affected.
Heavy feeder steers were the closest to steady on the previous week’s AuctionsPlus sales, with other weight category steers dropping in price. Having said that, EYCI type cattle (vealers/yearlings) still made an average of 618c/kg carcase weight, on par with the best reports from saleyards last week.
In a breakdown by weight categories:
- Steers under 250kg on Friday made from 304c to 395c, averaging 335c, down 15c on the previous week. Heifers same weight bracket sold from 295-373c to average 319c, up 17c.
- Steers 250-300kg made 300-352c, averaging 319c, down 37c; while equivalent heifers made 279-306c, to average 306c, up 2c.
- Steers 300-350kg sold from 293-329c to average 307c, down 26c; with heifers making 286-310c to averaging 296c, down 24c.
- Steers +350kg showed the smallest variance in price, selling from 320-334c to average 325c, down 7c; while heifers made 289-301c to average 293c, down 28c.
Highlights include 93 Santa and Santa cross steers at Rolleston, Central Qld, averaging 425kg, selling for 324c or $1380, and a line of 90 Kennys Creek & Rennylea blood Angus weaned steers, 249kg, ex Armidale NSW, making 395c or $985.
A line of 67 Angus & Angus backgrounder heifers on crop near Inglewood in southern Qld averaging 279kg sold for 325c or $910; and a mob of 81 399kg Angus heifer future breeders, EU-accredited, near Warren, NSW selling for 301c or $1205.
Smaller numbers of breeders reached their reserve in Friday’s sale, though price expectations from vendors remained sky-high. Some may by now have reached a post-sale negotiated price.
PTIC yearling heifers on Friday made $1255 to $1360, and mixed age PTIC cows made $850 to $1300, with the top price for 3-10 year old Angus cows in calf to Wagyu bulls at Scone, NSW.
Heifers with their first calves at foot made $1750 to a top of $2170 for 50 Te Mania blood Angus females 24-26 months, out of Ballimore in central western NSW.
Using the new ‘Certified Organic’ identifier button available now available on AuctionsPlus listings for the first time, was three lines of Santa and Santa cross cows ex droughted Barcaldine in western Queensland. The cows, offered in three groups from 346-390kg, 2-9 years, sold from $850 to $1040 a head.
Source: AuctionsPlus, additional reporting from Beef Central.