Markets

Showers lift spirits, prices on AuctionsPlus

Beef Central, 30/06/2018

Among feeder types, this line of 75 Droughtmaster/Red Angus cross milk-tooth steers 16-22 months in good store to forward store condition, averaging 432kg, from Marlborough in Central QLD sold for 276c/$1187.

 

RAIN in some areas this week produced a more optimistic tone in buying patterns on AuctionsPlus, with most steer and heifer weight categories recording sharp rises in price.

Click on image for a larger view

As BOM’s seven-day rainfall map to Saturday published here shows, some areas of central NSW and southern Queensland received useful falls of 25-50mm.

The response saw a sharp rise on the Eastern Young Cattle Indicator for the week ended Thursday, reaching 498.75c/kg – up 18.5c in seven days.  NLRS no longer quotes a price for Fridays, due to the absence of Friday physical sales.

Numbers offered on AuctionsPlus last week declined 17 percent to 6131 head, with clearance rates steady from last week at 56pc. Heifer categories rose sharply in value – +25-40c in some categories – while steers also recorded gains.

PTIC female highlights include a line of Angus and Angus cross heifers 20-21 months at 358kg from Armidale, NSW, PTIC to Bald Blair Angus bulls which sold for $900.

From Coolac, NSW a line of Reiland blood Angus cows, rising six years, PTIC to Angus bulls sold for $1405, while a line of four year old, 578kg Coolana blood PTIC Angus cows from Anderson, VIC sold for $1840. From Dunalley, Tasmania, a line of 10-11 year old PTIC Angus cows sold for $1030.

Cow and calf highlights include a line of Santa cross and Shorthorn cows and calves from Acland, QLD which sold for $1170. Aged 2-11 years and averaging 436kg, these cows have been depastured to Charolais, Angus and Santa bulls. The calves at foot are aged 1-4 months and average of 125kg.

From Winchelsea, VIC a line of Angus two-year-old heifers and calves sold for $1800. From the same vendor but coming from Weering, VIC, a line of Angus cows with Murdeduke Angus calves at foot, also sold for $1800.

A line of six year old Angus cows with 2-4 month old Angus calves at foot from Barnawartha, VIC sold for $1600.

Among feeder types, 75 Droughtmaster/Red Angus cross milk-tooth steers 16-22 months in good store to forward store condition, averaging 432kg, from Marlborough in Central Queensland sold for 276c/$1187.

Weaner highlights included a small line of Coolana-blood Angus weaned heifers, 10-11 months averaging 322kg, from Anderson in Victoria’s Gippsland, which made 429c or $1380.

Special mention to Cobungra Station from Omeo, VIC who offered a total of 1164 head this week, with a breakup of 657 steers and 507 heifers, all Angus and Angus cross. All lots were priced to sell, with all lots selling for an average of $91 above reserve. The steer portion sold from 301c to 346c and averaged 324c, while the heifers sold from 240c to 307c and averaged 280c.

Part of a line of 1164 Angus and Angus cross steers and heifers offered by Cobungra Station from Omeo, VIC this week, this run of 119 steers averaged 269c/kg to return $910.

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

  • Steers less than 250kg sold from 267c to 354c to average 316c; while heifers sold from 227-320c to average 270c
  • Steers 250-300kg sold from 274-342c to average 303c; while heifers sold from 237-308c to average 281c
  • Steers 300-350kg sold from 271-308c to average 290c; while heifers sold from 263-429c to average 302c
  • Steers +350kg sold for 275c

Steers highlights

Angus steers 6-7 months 151kg, from URALLA, NSW sold for 354c/$535

Droughtmaster/Red Angus cross steers 16-22 months 432kg, from MARLBOROUGH, QLD sold for 276c/$1187

Angus steers 9-10 months, 269kg, from OMEO, VIC sold for 339c/$910

Heifer Highlights

Speckle Park/Angus heifers 10-12 months, 246kg, from GHOOLENDAADI, NSW sold for 321c/$790

Angus heifers 8-11 months 233kg, from GOONDIWINDI, QLD sold for 238c/$555

Angus heifers 10-11 months, 322kg, from ANDERSON, VIC sold for 429c/$1380

Angus heifers 9-11 months, 265kg, from BARRABA, WA sold for 238c/$630.

Source: AuctionsPlus

HAVE YOUR SAY

Your email address will not be published.

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!