Markets

Lighter steer values ease, while heifers lift in larger 20,558 head online offering

Beef Central 26/09/2021

In southern NSW, these 49 NSM Angus cows with 50 calves a foot, from Table Top in the Riverina, sold to $3910 – with the cows ranging from 4.5-6 years of age, averaging 610kg liveweight, with the CAF averaging 135kg.

The largest AuctionsPlus online offering in four months delivered variable clearance rates for the proven breeding lines again this week, as the distance between vendors and buyers in “rebuilding categories” finished the week further apart.

For the 20,558 head offered, an increase of 22pc on the corresponding week last year, the young steer and heifer lines again sold to robust clearance rates, as an influx of light dairy cattle through the southern states dragged average prices for the lightest categories lower.

There was a significant jump in the 200-280kg weight category this week for both steers and heifers, with the 2571 steers an increase of 92pc on the previous week, while heifer numbers doubled to 3141 head.

Average prices across both categories declined, with the steer portion averaging $86 cheaper, at $1531/head – with the 2571 head selling at a 90pc clearance. Similarly, the 200-280kg heifers averaged $113 lower, at $1453/head – at a 92pc clearance.

For the heavier end of the steer segment, +400kg steers averaged $2379 for the week, up $111 on the previous week, with an 82pc clearance for the 1205 head offered.

Included was a line of 30 Charolais x Angus steers out of Holbrook NSW, averaging 473kg, which sold to 580.9c/kg – equating to $2750/head.

There were some mixed results for the PTIC and CAF lines offered through the Eastern States sale this week. While the PTIC heifer segment, with 2181 head offered, averaged $158 higher at $2381, the clearance rate was again well below average at only 46pc. Similarly, the 963 PTIC cows sold to a 62pc clearance, finishing at $2646.

An indicative line of 127 NSM Brahman cross cows with 127 CAF, out of Irvingdale, Southern Queensland sold to $2960/head – with the cows averaging 438kg and ranging from 2-12 years, while the calves were between 1-4 months of age.

In southern NSW, 49 NSM Angus cows with 50 calves a foot, from Table Top in the Riverina, sold to $3910 – with the cows ranging from 4.5-6 years of age, averaging 610kg liveweight, with the CAF averaging 135kg.

From the Tasmanian sale, 37 NSM Angus heifers sold to $2310. Out of Longford, the 37 future breeders averaged 403kg liveweight, and ranged from 23-24 months of age.

Prices as at 2pm Friday, 24 September.

 

Source: AuctionsPlus

 

 

 

 

 

 

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