Markets

Rain restores some buyer confidence in smaller AuctionsPlus offering

Beef Central, 24/02/2018

The cow and calf offering this week saw a top price of $2270 for this line of 3-4 year old Red Angus/composites from Yea, VIC.

 

ONLINE cattle yardings slipped to 6747 head this week, with almost all of the decline due to a substantial reduction in offerings out of Queensland, where rain has fallen across large areas.

Listings out of Queensland this week reached just 1155 head, down from more than 4200 a week earlier. The absence of the fortnightly weaner & yearling sales this week also curtailed listing numbers.

In the eastern states, an increase in confidence was observed from NSW and QLD buyers, with the highest clearance and purchasing volumes originating out of these states. Breeder listings were in abundance this week, with joined females totalling 1780 head, as well as a further 1106 cow and calf units, almost double last week.

Steer numbers where strong, totalling 2155 head – the majority of which were made up of lightweight weaners. Young steer prices mostly trended higher, while heifer markets were mixed.

A larger yarding of cows and calves saw the category average $1680, with a top price of $2270 for a line of three to four year old, Red Angus/composite cows from Yea, VIC.

The cows had Paringa Stabilizer calves at foot, and were rejoined to Paringa bulls. The same vendor also had two similar lots of Angus/composite and Poll Hereford/composites making $2260 and $2235 respectively.

Over the Bass Strait, a line of Angus PTIC cows with Angus calves at foot, averaging 186kgs, from Ridgley, Tasmania made $2000.

Among specialised lines, a mob of Fullblood Wagyu PTIC heifers from Longford Station, Bendemeer, NSW topped the joined female offering, making $4525. The heifers were rising three years and PTIC to Fullblood Wagyu Longford M0202.

Among conventional breeds, joined heifers averaged $1295 and sold to a top of $1710 for a line of Charbray heifers, 20-24 months, PTIC to Angus bulls, from Tenterfield, NSW.

Joined cows averaged $1363 and topped at $2020 for a line of 3-4 year old Speckle Park/Angus cows, PTIC to Speckle Park bulls, from Oberon, NSW.

Among larger Queensland lines, 185 Droughtmaster cows and calves, station-mated from drought affected Winton sold from $1590 for the younger end 3-5 years to $1410 for the matrons 6-9 years. About 100 station-mated mixed age Santa cows and calves from Quilpie made between $1250 and $1410, while younger three-year-old Braford cows and calves from Blackall made $1350.

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

  • Steers less than 250kg sold from 328c to 437c to average 373c/kg; while heifers sold from 272-381c to average 315c
  • Steers 250-300kg sold from 315-363c to average 314c; while heifers sold from 266-294c to average 279c
  • Steers 300-350kg sold for 297-331c to average 310c; while heifers sold from 269-298c to average 279c
  • Steers 350kg+ sold from 280-330c to average 304c; while heifers sold for 338c/kg.

Steer Highlights

  • Hereford steers 4-7 months 223kg, from Goondiwindi, QLD sold for $795/357c
  • Angus steers 5-7 months 142kg, from Merriwa, NSW sold for $620/437c
  • Angus steers 10-11 months 371kg, from Woomargama, NSW sold for $1105/298c
  • Hereford steers 7-8 months 229kg, from Casterton, VIC sold for $810/354c
  • Angus steers 10-11 months 380kg, from Hexham, VIC sold for $1170/308c

Heifer Highlights

  • Santa/Droughtmaster cross heifers 15-20 months 243kg, from Jericho, QLD sold for $745/307c
  • Angus/Angus Cross heifers 10-14 months 302kg, from Goondiwindi, QLD sold for $900/299c
  • Angus heifers 5-7 months 134kg from Merriwa, NSW sold for $510/381c
  • Angus heifers 6-8 months 224kg from Narrabri, NSW sold for $780/348c
  • Angus heifers 17-18 months 410kg, from Adjungbilly, NSW sold for $1385/338
  • Hereford heifers 7-8 months 224kg, from Casterton, VIC sold for $670/300c

Is there no limit to what can be sold on AuctionsPlus?

This week saw an unusual auction take place – a series of 15 car-parking spaces in Nevada, a six-storey apartment building in Darling Point in inner Sydney. Prices ranged from $133,000 to $220,000 for the 15 single-car spaces up for auction.

 

Source: AuctionsPlus

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