Markets

Big price slide in young cattle continues in online trading

Beef Central 27/08/2023

Among larger lines offered this week, these 146 weaned Santa steers 253kg at 5-9 months from Richmond, North Queensland, made 366c, while 120 of their heifer siblings 237kg from the same vendor made 285c.

CATTLE listings declined 14 percent to 8983 head on Elders and Nutrien’s online marketing platform AuctionsPlus last week.

The smaller offering was met with mixed competition as clearance fell to 34 percent.

The reduction in the total offering did little to promote demand, with only one of the ten young steer and heifer weight categories showing an increase in value, while most breeding categories also contracted.

The smaller offering was mainly driven by a smaller pool of heifers being listed, down 23 percent from last week.

Steers 200-280kg registered a smaller offering of 1638 head and averaged 334c/kg liveweight – down another 4c from the previous week, for a 29pc clearance. Prices ranged from 252-366c.

From Armidale NSW, 58 Angus steers 10-11 months averaging 267kg returned 341c/kg and will travel to a buyer in Ebor, NSW.

Among larger lines offered this week, 146 weaned Santa steers 253kg at 5-9 months from Richmond, North Queensland, made 366c, while 120 of their heifer siblings 237kg from the same vendor made 285c.

Steers 280-330kg saw a larger offering of 1126 head and averaged 24c/kg lower to average 316c, for a 51pc clearance. Prices ranged from 211-344c. From Warren, NSW 93 Angus steers 9-12 months averaging 321kg returned 297c and will travel to a buyer in Peranga, QLD.

Steers 330-400kg and +400kg fell another 15c and 31c respectively, to average 307c and 300c/kg, despite a modest offering.

Heifers 200-280kg registered a larger offering of 1224 head and averaged 266c/kg, up 38c, being the only category to register a rise in value, after a poor sale the week previous. Clearance was 25pc, while prices ranged from 182-313c. From Baradine, NSW 41 Angus heifers 10-11 months averaging 237kg returned $495/head or 209c/kg and will travel to a buyer in Uralla, NSW.

Heifers 280-330kg were back 7c to average 246c, with only 286 head offered.

Heifers 330-400kg saw a smaller offering of 329 head and averaged 257c – down 13c from the previous week for a 33pc clearance. Prices ranged from 254-270c.

From Boggabri, NSW 72 Angus heifers 10-13 months averaging 363kg returned $925 or 255c/kg and will travel to a buyer in Quirindi, NSW.

From Mount Taylor, VIC 64 Hereford cows across two even lots aged 6-8 years averaging 562kg and 566kg returned $1150/head

Breeding females

PTIC heifers registered a smaller offering of 445 head and averaged $1186/head – down $14 from last week for an 18pc clearance. From Isisford, QLD 56 Angus x Droughtmaster heifers 18-22 months averaging 425kg returned $1200/head or 282c and will travel to a buyer near Julia Creek, QLD

PTIC cows registered a smaller offering of 577 head and averaged $1171/head – down $24 from last week for a 12pc clearance. From Mount Taylor, VIC 64 Hereford cows across two even lots aged 6-8 years averaging 562kg and 566kg returned $1150/head and will travel to the same buyer in Lockington, VIC.

 

Prices as at 2pm Friday, 25 August

Source: AuctionsPlus

 

 

 

 

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Comments

  1. Mike Hall, 30/08/2023

    Yet again. Just like the sheep market in Australia abd New Zealand, farmers are getting paid less yet the end prices at the retail shops is damned expensive. We see no drop in the prices there. So while retailers get fat we will lose farmers because people don’t buy much meat because its to expensive. Before long we’ll be paying a lot more as with less farmers because they’ve gone broke or diversified to something else it’ll be low stock so prices will rise quite significantly at the retail shop. Meat is a luxury now. Its going to be out of reach apart from the rich..

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