Markets

Big jump in AuctionsPlus listings, as young cattle price momentum continues

Beef Central, August 29, 2020

This line of NSM Shorthorn future breeders 12-14-months averaging 338kg from Forbes, NSW, made 473c/kg or $1600.

THIS week cattle numbers saw an increase in listings across the eastern states to 17,246 head, more than 4000 head above the previous week. Clearance rates across commercial cattle sales remained steady on last week.

Cows and calves ranged from $2010 to $3400 this week to average $2708. Top priced line at $3400 was a line of 2-3 year old Angus NSM heifers and calves offered by East Hills Grazing from Manilla, NSW. Another highlight was a line of three-year-old Angus heifers and calves, station-mated back to Angus bulls and due to calve in the summer, offered by Beach Farming from Kialla, VIC, which made $3375.

PTIC females saw strong results across the board, with prices ranging from $1390 to $2640 to average $1843. Top price at $2640 went to a line of Hereford heifers from Mansfield, VIC, PTIC back to Hereford bulls. Another solid result was seen from vendors PA & CA Park from Deniliquin, NSW for a line of Angus PTIC heifers joined back to Angus bulls which made $2280. These two-year-old heifers are remaining local within the Deniliquin area (which is always handy on the freight bill).

Young cattle

Heifers less than 200kg ranged from 386c to 559c this week to average 485c. Top price making 559c or $885 was a line of 7-11-month-old Angus heifers averaging 165kg from Glenquarry, NSW.

Heifers 200-280kg sold from 349c to 521c to average 436c. Top price was reached twice, firstly for a line of 11-12-month old Angus heifers averaging 273kg from Mannus, NSW. The other top line was presented by Mulgoa Pastoral for a line of 15-16-month-old Angus future breeders, NSM averaging 276kg.

Heifers 280-330kg sold from 375c to 513c to average 425c. Top price was paid for a line of 10-11-month-old NSM Angus future breeders averaging 319kg from Egelabra, Warren, NSW.

Heifers 330-400kg sold from 342c to 473c to average 415c. Top price went to a line of NSM Shorthorn future breeders from Forbes, NSW listed by CC Francis & Sons. These 12-14-month-old heifers averaged 338kg making 473c or $1600.

Heifers +400kg sold from 357c to 422c this week to average 385c. Winnidad Pastoral attracted the top price of 422c or $1760 for its line of 17-18 month old Angus feeders averaging 416kg from Mortlake, VIC. They will stay within Victoria.

Steers less than 200kg ranged from 426c to 621c this week to average 545c. Top price was for a line of 10-11-month-old steers averaging 195kg from Bundarra, NSW listed by vendor, Red Island Beef.

Steers 200-280kg sold from 375c to 607c to average 487c with the top line hailing from Forbes, NSW, listed by vendors Duxton Broad Acre Farms. These 5-6-month-old steers averaging 214kg made 607c or $1300.

Steers 280-330kg sold from 350c to 511c to average 450c. PK & GK Taylor from Holbrook, NSW sold the top priced line of 10-12-month-old Angus steers averaging 283kg.

Steers 330-400kg sold from 327c to 472c to average 427c. Top price went to Larkfield Pastoral from Yea, VIC for a line 11-12-month-old Angus steers averaging 345kg.

Steers +400kg sold from 398c to 435c to average 413c. Top price went to Pomany Angus for a line of two-year-old feeder steers averaging 444kg hailing from Denman, NSW.

In a breakdown of young cattle sold this week, by weightrange:

Under 200kg: Steers sold from 426-621c to average 545c, while heifers sold from 386-559c to average 485c

200-280kg: Steers sold from 375-607c to average 487c, while heifers sold from 349-521c to average 436c

280-330kg: Steers sold from 350-511c to average 450c, while heifers sold from 375-513c to average 425c

330-400kg: Steers sold from 327-472c to average 427c, while heifers sold from 342-473c to average 415c

+400kg: Steers sold from 398-435c to average 413c, while heifers sold from 357-422c to average 385c.

In this week’s Tasmanian sale, a 95pc clearance was produced among the 227 head offering. Cow & calf units sold from $2040 to $2625 to average $2388 and a 100pc clearance rate for the category. Phillip & Glendi McNab from Riana offered a line of Speckle Park station mated cows with calves at foot, securing top price. The 609kg cows were 3-4 years old and had 6-7-month-old CAF sired by Speckle Park bulls. Weaner steers sold from $900 to $1550, averaging $1239. Top price went to a line of 10-11-month-old Angus weaned steers averaging 380kg offered by Brian Last at Forth.

 

Source: AuctionsPlus

 

 

 

 

 

 

 

 

 

 

 

 

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