Markets

Record Wagyu F1 price headlines larger AuctionsPlus catalogue

Beef Central, 03/07/2016
These 306kg Wagyu x Angus F1 backgrounder steers made 656c/kg or $2006 a head on Friday

These 306kg Wagyu x Angus F1 backgrounder steers made 656c/kg or $2006 a head on Friday

 

CATTLE supply wasn’t an issue online last week with AuctionsPlus offering 10,451 head across four sales, up about 2500 in number from the previous week.

What’s more, the big surge in numbers on offer did not crowd the market, with a strong 79 percent clearance recorded.

The undoubted highlight of Friday’s sales was a new online selling c/kg record price for Wagyu F1s, when a line of 64 9-10 month old 306kg Wagyu/Angus steers from Yarraford Trust, Malabogie, Dundee, via Glen Innes NSW sold for 656c/kg or a massive $2006/head. The calves were sired by high performing Japanese fullblood sires, and broke the previous F1 record which sat at around 627c.

It valued the 64 backgrounder steers, pictured, at more than $128,000.

First-calver PTICs average $1360

In the three Friday sales held due to larger l;isting numbers, first-calver PTIC females averaged $1360, ranging from $1140 to $1645 a head. Mixed age PTIC females sold from $1000 to $1610 with an average of $1340.

A+ 1 July 16 3

A number of standout lines included a line of 50 6-9 year old Glenavon blood Angus x Hereford cows 570kg (pictured above), from Walcha NSW, PTIC to Angus bulls sold which for $1645, while 596kg Kenny’s Creek blood 3-6 year old Angus cows, PTIC to Hazeldean blood bulls, sold for $1610.

Feeder cattle were once again in hot demand with strong feedlot buying activity evident.

A number of signature lines this week included 370kg Angus steers, 12-14 months old from Glen Innes, NSW, selling for 370c/kg or $1440/head; and Angus and Angus cross 16-24 month old heifers from Rathdowney, QLD, selling for 372c/kg or $1432/head.

Big northern live ex offerings

Three large lines of export cattle totalling 1867 head from Camp Cattle Co, Kalyeeda Station Derby, WA were offered online on Friday. The first, a line of 764 319kg Brahman and Brahman cross feeder heifers, 18 to 26 months sold for 320c/kg or $1020. A second line of 695 330kg Brahman and Brahman cross 12-24 month old steers sold for 337c/kg or $1112 to live export buyers for an Indonesian order. A final line of 408 steers averaging 407kg, 15-26 months sold for 305c or $1243 a head, selling to a live export buyer for a Vietnam order. All three prices were on-farm.

Part of a line of 764 319kg Brahman x feeder heifers, 18-26 months, from Kalyeeda Station near Derby WA which sold for 320c/kg or $1020 on Friday.

Part of a line of 764 319kg Brahman x feeder heifers, 18-26 months, from Kalyeeda Station near Derby WA which sold for 320c/kg or $1020 on Friday.

In a breakdown of young cattle sold on Friday:

  • Steers weighing less than 250kg sold from 354c to 453c to average 403c/kg; while heifers in the same weight category sold from 321c to 397c to average 360c
  • Steers 250-300kg sold from 337c to 412c to average 381c; while heifers sold from 330c to 376c to average 348c
  • Steers 300-350kg sold from 315c to 421c to average 370c; while heifers sold from 311c to 362c to average 333c
  • Steers 350kg+ sold from 305c to 389c to average 360c; while heifers sold from 281 to 327c to average 333c.

Click here to access full results from Friday’s AuctionsPlus cattle sale.

 

 

 

HAVE YOUR SAY

Your email address will not be published. Required fields are marked *

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!