Markets

Red hot market continues on Auctions Plus, with Angus feeders topping 404c

Beef Central, 18/06/2016
Part of a line of 104 356kg Angus cross EU-eligible backgrounder steers from Beverley Station, Quirindi, NSW made 404c or $1440 on Friday.

Part of a line of 104 356kg Angus cross EU-eligible backgrounder steers from Beverley Station, Quirindi, NSW made 404c or $1440 on Friday.

 

FRIDAY’s AuctionsPlus online sale mirrored the red-hot trend seen in physical cattle markets earlier in the week, with PTIC Shorthorn cows selling to $2350 and 356kg Angus cross backgrounder steers to 404c.

The continuing June rain event across Queensland, NSW and Victoria has further tightened supply with AuctionsPlus numbers easing 600 head for the week to 7249 head.

As demand increases and supply tightens further, buyers of all types, especially restockers, were out in force with a clearance rate of 75pc and prices increasing week after week across the board.

Breeders were the hot commodity online on Friday, with joined females and cows and calves accounting for nearly half of the listings on offer.

Strong numbers of yearling PTIC heifers averaged $1461 with a small line of young PTIC Limousin and Angus heifers from Bathurst, NSW selling for the top price of $1750.

Young cows sold from $1620 to $1950, with three-year-old second-calf Karoo and Gilmandyke blood Angus cows from Four Mile Creek, NSW selling for the top price.

Older proven breeders averaged $2010, including a line of Shorthorn cows which made an outstanding $2350. This line was part of a complete herd dispersal of Woolcott Shorthorns from Meandarra, QLD. These ‘tops of the herd’ Spry’s and The Grove blood cows were six-years-old and PTIC to Shorthorn Bulls.

Young cows and calves averaged $1725 with Angus and Friesian cows from Glenburn, VIC with Limousin calves at foot selling for the top price of $1750. Mixed-age cows and calves ranged from $1300 to $1520, while proven breeders averaged $1648.

Santa and Santa/Hereford cows from Bundella, NSW sold for $1820. These cows with Santa calves at foot were station-mated to Watasanta Santa bulls.

Part of a line of six-year-old PTIC Shorthorn cows from Meandarra, Qld which made an outstanding $2350 on Friday.

Part of a line of six-year-old PTIC Shorthorn cows from Meandarra, Qld which made an outstanding $2350 on Friday.

Standout lines among young cattle sold this week included a line of 169kg Charolais cross steer weaners from Bollon, Qld selling for 445c or $755, and a line of 104 356kg EU-eligible Angus cross backgrounder steers from the Henry family, Beverley Station, Quirindi, NSW making 404c or $1440.

Further south, at Moss Vale, NSW, Whisky Hill and Lawson’s blood Angus backgrounder steers weighing 262kg made 388c or $1020.

Charolais cross heifers weighing 191kg, also from Bollon, Qld sold for 408c or $780 while 325kg Angus yearling heifers from Walcha, NSW made 337c or $1095. Also from Moss
Vale, 227kg Rennylea-blood heifers sold for 371c or $845.

In a breakdown of young cattle sold by weight:

  • Steers less than 250kg sold from 348c to 445c, averaging 387c/kg, up 4c; while heifers in the same weightrange sold from 291c to 408c to average 333c, rising 14c.
  • Steers 250-300kg sold from 336c to 413c to average 380c, up 23c; while heifers sold from 300c to 350c to average 320c, up 5c.
  • Steers 300-350kg sold from 325c to 397c to average 363c, up 21c; while heifers sold from 308c to 337c to average 326c, rising 29c.
  • Steers +350kg sold from 295c to 404c to average 368c, rising 62c.

Wagyu heifers to 608c

This week also saw some Wagyu cross heifers from Capella, Qld hit the market. The younger heifers weighing 182kg sold for 608c/kg or $1100 while the older heifers weighing 253kg also made 608c or $1540.

Also during the week, AuctionsPlus held the Dangarfield Advantage Sale with some strong results for quality Santa and Santa cross cattle. The sale consisted of 475 head of heifers and steers with 100% clearance. PTIC heifers sold to $1720/head, with weaner steers 228kg making 370c/kg and heavy feeder steers 436kg making 327/kg.

 

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

 

Coming up:

The recent trend towards large lines of NT cattle targeted at live export markets continues, with 1800 Brahman cattle from Walhollow Pastoral Co near Tennant Creek listed for sale next Friday, June 24. On offer are 900 Brahman steers averaging around 330kg and 960 Brahman heifers averaging 300kg. Click here for more details.

 

 

 

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