Markets

Rain lifts restocker demand on AuctionsPlus

Beef Central, 15/05/2016
These 294kg Bald Blair weaner heifers from Guyra, northern NSW made 369c/kg or $1085, going to a restocker in Victoria.

These 294kg Bald Blair weaner heifers from Guyra, northern NSW sold on Friday made 369c/kg or $1085, going to a restocker in Victoria.

 

AFTER widespread rainfall last weekend, the AuctionsPlus cattle market jumped on Friday, as restockers, especially in NSW and Victoria regained some confidence going into the winter.

Friday’s AuctionsPlus eastern states sales carried another strong offering with just shy of 8000 head offered. The rain brought stronger prices for young cattle – in particular heifers saw prices increase significantly on previous weeks.

These stronger prices encouraged by the restockers saw stock on the move, the most notable being a line of weaned heifers and steers being sold out of Central Queensland to a new home in southern parts of South Australia.

Standout offerings among young cattle on Friday included Bald Blair weaner heifers from Guyra, northern NSW weighing 294 kg made 369c/kg or $1085 and went to a restocker in Victoria.

Further south, a large offering of Hazeldean and Dunoon blood Angus weaned steers from Cooma NSW, weighing 280kg made 360c/kg or $1010. Also from Cooma, Hazeldean heifers as a part of a commercial dispersal made fantastic money. These weaned Angus heifers weighing 212kg made 400c/kg or $850 and their lighter 180kg sisters made 417c or $750.

In the north an offering of certified organic composite yearling steers from Surat QLD, weighing 354kg made 344c/kg or $1217. Their younger and lighter half-sib brothers, 283kg at 12-18 months, made $1000.

In a breakdown of young cattle sold on Friday’s Eastern States sale, by weight:

  • Steers weighting under 250kg sold from 329c to 372c, averaging 372c, up 15c/kg; while heifers in the same weight category sold from 286c to 417c, averaging 343c, up 40c/kg.
  • Steers 250-300kg sold from 302c to 360c, averaging 339c, up 24c/kg; while heifers sold from 293c to 369c, averaging 333c, up 33c/kg.
  • Steers 300-350kg sold from 297c to 349c, averaging 328c, up 9c/kg; while heifers sold from 306c to 334c, averaging 271c, up 44c/kg
  • Steers 350kg + sold from 281c to 344c; while heifers +350kg sold from 306c to 334c/kg.
Part of a large commercial dispersal, these 280kg Hazeldean and Dunoon blood Angus weaned steers from Cooma NSW made 360c/kg or $1010. Their heifer siblings 212kg made 400c/kg or $850 lighter 180kg sisters made 417c or $750.

Part of a large commercial dispersal, these 280kg Hazeldean and Dunoon blood Angus weaned steers from Cooma NSW made 360c/kg or $1010. Their heifer siblings 212kg made 400c/kg or $850 lighter 180kg sisters made 417c or $750.

Proven breeders average $1520

In female offerings, numbers of PTIC females were slightly up on last week, however prices increased with more competition.

Proven breeders dominated the numbers listed to range from $1100 to $2040 averaging $1520. The top line were part of the Hazeldean commercial dispersal sale, being 706kg, seven-year-old PTIC cows. There was also a solid listing of yearling PTIC heifers which ranged from $955 to $1500 in price, averaging $1268. The tops were from Uralla, NSW and were 403 kg, Tangley blood Angus heifers in calf to Wagyu bulls.

There was a relatively small listing of cows and calves last Friday, however the top priced lot made $2085. Hailing from Goulburn, NSW this line comprised PTIC 30-month-old Angus and Angus cross cows, with well-grown calves sired by Angus bulls.

This week AuctionsPlus interfaced the Herefords National Show and Sale in Wodonga, Vic. The sale-record top-priced bull made $95,000 and was offered by Minlacowie Poll Herefords from Minlaton, SA. Overall the sale averaged $9961 per head with a gross of $1.404 million, a fantastic result.

  • Click here to access a complete summary of Friday’s AuctionsPlus cattle sale.

 

Source: AuctionsPlus

 

 

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