Markets

Surge in cattle market produces big lift in AuctionsPlus listings

Beef Central, April 6, 2019

PTIC cows sold to a top of $1580 this week for this line of 56 Angus cows from Murrumbateman, NSW. The six year old cows were PTIC to Angus bulls and are on their way to Holbrook, NSW.

 

WITH the recent turnaround in the cattle market, listings rose dramatically on AuctionsPlus this week, up 8739 head on the previous week to total 15,466 head offered.

Young steer and most heifer categories rose further in price, building on big jumps seen the previous week.

Most listings came out of NSW, which made up about 65pc of the catalogue.

With no clear evidence of which way the season in NSW will go in the coming months, uncertainty remains, reflected in lower clearance rates.

Joined and PTIC female numbers totalled 2380 head this week. PTIC heifers averaged $933, with a top price of $1000 for a line of 105 Santa heifers 16-21 months and PTIC to Santa bulls, from Wallumbilla, QLD. The heifers are heading to Quilpie district in far wstern Queensland which has received some good March rain.

PTIC cows sold from $1050 to $1580 this week, to average $1232. Top price went to 56 Angus cows from Murrumbateman, NSW. The six year old cows are PTIC to Angus bulls and are on their way to Holbrook, NSW.

Cow and calf units were in short supply, with only 701 head offered. Prices ranged from $1240 to $1890, averaging $1546, and achieving a 50pc clearance. Top price went to 58 PTIC Angus cows & calves from Bairnsdale, VIC. The cows are five years old averaging 682kg with 5-7 month old calves at foot.

This week’s Weaner & Yearling sale listed 10,083 head, doubling last week’s offering. Weaner steers averaged 312c, up 17c on last week, with a top of 388c for a line of 7-9 month old weaned Poll Herefords steers from Redpa, NSW. The steers averaged 312 kg and are remaining in Tasmania.

Weaner heifers averaged 267c with a high of 316c, up 7c on last week. Top price went to 21 Angus heifer vealers from Crookwell, NSW, 7-8 months old averaging 282kg and destined for a buyer in Coolah, NSW.

Yearling and grown steers averaged 298c with a top of 323c, up 19c on last week. Top price went to 105 Angus feeder steers from Grong Grong, NSW, 12-15 months averaging 335kg, and heading to Coolah, NSW.

Yearling and grown heifers averaged 260c with a high of 278c, up 17c on last week. Top price went to a line of Angus x Hereford weaned heifers from Flinders Island, Tasmania.  The region continues to exemplify strong prices, with this lot of 12-13 month old heifers averaging 342kg finding a buyer in Tasmania.

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

  • Steers less than 250kg sold from 244-375c to average 301c; while heifers sold from 172-306c to average 252c
  • Steers 250-300lg sold from 252-371c to average 315c; while heifers sold from 234-316c to average 264c
  • Steers 300-350kg sold from 280-388c to average 314c; while heifers sold from 270-291c to average 276c
  • Steers 350+kg sold from 268-342c to average 311c; while heifers sold from 238-302c to average 267c

Steer highlights

8 to 9 month old, 275kg, Angus steers from COOLAC, NSW sold for 330c/905

8 to 9 month old, 231kg, Angus steers from COONABARABRAN, NSW sold for 325c/750

12 to 15 month old, 360kg, Angus steers from COOTAMUNDRA, NSW sold for 322c/1159

12 to 15 month old, 249kg, Droughtmaster steers from MOURA, QLD sold for 305c/760

17 to 26 month old, 349kg, Santa steers from SPRINGSURE, QLD sold for 301c/1050

14 to 20 month old, 369kg, Charbray x Charolais steers from KILLARNEY, QLD sold for 290c/1070.39

9 to 12 month old, 363kg, Angus steers from BALMORAL, VIC sold for 325c/1175

7 to 8 month old, 209kg, Angus steers from EUROA, VIC sold for 323c/675

10 to 12 month old, 375kg, Angus steers from KEITH, SA sold for 323c/1210

11 to 12 month old, 364kg, Poll Hereford steers from BOOL LAGOON, SA sold for 321c/1170

7.5 to 9 month old, 312kg, Poll Hereford steers from REDPA, TAS sold for 389c/1210

6.5 to 9 month old, 229kg, Hereford x Angus steers from REDPA, TAS sold for 375c/860

30 to 34 month old, 648kg, Angus x Friesian steers from MANJIMUP, WA sold for 268c/1733

Heifer Highlights

7 to 8 month old, 281.7kg, Angus heifers from CROOKWELL, NSW sold for 316/890

12 to 15 month old, 321.9kg, Angus heifers from COOTAMUNDRA, NSW sold for 270/869

18 to 20 month old, 354.6kg, Angus heifers from GUYRA, NSW sold for 270/955

11 to 16 month old, 321.9kg, Santa heifers from THALLON, QLD sold for 275/885

12 to 22 month old, 339.3kg, Charbray x Charolais heifers from KILLARNEY, QLD sold for 270/916

6 to 9 month old, 232kg, Angus heifers from BALMORAL, VIC sold for 298/690

9 to 12 month old, 306kg, Angus heifers from BALMORAL, VIC sold for 278/850

6.5 to 9 month old, 241.5kg, Angus heifers from REDPA, TAS sold for 307/740

7 to 8 month old, 370.6kg, Angus heifers from WATERHOUSE, TAS sold for 303/1120

Source: AuctionsPlus

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