Markets

Turbo-charged cattle market sees numbers surge to almost 21,000 on AuctionsPlus

Beef Central, 07/11/2020

This line of 48 Angus feeder steers, 14-16 months averaging 337kg from Deepwater, NSW made 549c/kg this week.

THE ever-rising cattle market helped push online listings on AuctionsPlus to 20,897 head this week, up 25 percent on last week.

Recent last week across some regions of the eastern seaboard and strong saleyard results during the week helped maintain buyer confidence. Clearance and prices remained strong across most categories with significant increases for the heavier categories of steers and heifers.

Queensland dominated offerings, accounting for 40pc of the overall catalogue with Southern, Northern and Western QLD offering a combined total of 8553 head. Southern QLD was the largest purchasing region, with 2324 head returning to the region, closely followed by the NW Slopes & Plains and Riverina NSW purchasing 2324 and 2135 head respectively.

The cow and calf offering of 2000 head was met with strong demand, achieving 81pc clearance. Prices for cows with calves at foot ranged from $1860 to $3870 to average $2873, back $22 on last week. Top price was claimed by JM & SA Morse, Molong, NSW for a line of 76 Angus cows with calves, including three sets of twins. The Rennylea blood cows averaging 478kg were 3-4 years, with 3-4 months old CAF.

PTIC cows produced a dearer market trend, increasing $326 to average $2049 and selling from $1240 to $3220. The highest price of the category was achieved by a line of 16 Angus PTIC cows, offered by Coolana Rural Pty Ltd from Glenthompson, VIC. The EU accredited cows, 5-6 years averaging 747kg were 3-4 months PTIC to Angus bulls, and have found a home near Mount Gambier, SA.

The offering of PTIC heifers increased this week with 1500 head on offer, 1000 more than last. However, they sold to an easing market trend, selling between $1560 and $2920, averaging $2148, back $160. Top price from Inman Vally, SA went to a line of 25 PTIC Angus x Friesian heifers, offered by Ryecroft. The heifers were 20-22 months averaging 577kg and were 7-8 months PTIC to Angus bulls.

Young cattle

Weaner and yearling heifers accounted for 39pc of the overall catalogue this week with 8118 head offered. Heifers less than 200kg sold from 500c to 610c, to average 540c, easing 60c. Top price went to a line of weaned Angus and Angus x heifers from Deepwater, NSW, offered by JC Cox, BJ Phipps & JR Phipps. The EU accredited heifers were sired by Eaglehawk Angus bulls, were 6-7 months averaging 196kg.

Heifers 200-280kg sold from 290c and 626c this week, averaging 475c, back 39c. From Holbrook, NSW, Kincardine Pastoral offered 48 Angus heifers 5-6 months averaging 225kg which topped the category, crossing the border to Montgomery in Gippsland, VIC.

Heifers 280-330kg also eased this week, back 31c to sell from 357c to 577c, averaging 444c. Top price was claimed by a line of 42 Angus heifers, offered by Ardenside Angus from Nevertire, NSW. The Te Mania blood future breeders averaging 282kg were 12-13 months, and will head to Bathampton in Central Western, NSW.

Feeder heifers 330-400kg held firm to average 452c, with prices from 359c to 579c. Top price hailed from Reiland Angus, Gundagai, NSW for 26 Angus NSM future breeders averaging 356kg, at 12-13 months, which will travel to nearby Wagga Wagga, NSW.

Heavy heifers more than 400kg sold from 355c to 516c, averaging 444c, 27c dearer than last week. Reiland Angus also topped this section with a line of 26 Angus heifers 13-14 months averaging 415kg, heading to Albury, NSW.

There were 6493 steers offered this week, which achieved 77pc clearance. Light steers less than 200kg sold from 373c to 622c, averaging 551c, down 97c from last week.

Top price was achieved by a line of 8 Angus and Angus X steers offered by JC Cox, BJ Phipps & JR Phipps from Deepwater, NSW. The EU accredited steers 6-7 months averaging 194kg will travel west to Moree, NSW.

Steers 200-280kg were priced from 420c to 664c this week, averaging 550c, 11c dearer. The highest price of the category was achieved by a line of 30 Angus steers, offered by Kincadine Pastoral, Holbrook. The 5-7 months old steers averaging 233kg will head north to Jondaryan, in Southern QLD.

Steers 280-330kg also experienced a dearer market trend, selling from 338c to 597c, to average 496c, up 7c. From Skipton, VIC, Borriyalloak offered the top priced line of 42 Angus steers 8-9 months averaging 288kg, which will cross two borders on their way to Texas, QLD.

Feeder steers 330-400kg followed the same rising market trend, up 20c to average 447c and selling between 353c and 549c. The highest price was claimed by a line of 48 Angus steers, offered by JB & JK Newsome from Deepwater, NSW. The Hazeldean and Cudgell Creek blood steers 14-16 months averaged 337kg.

Steers heavier than 400kg sold from 309c to 464c, averaging 433c, 21c dearer than last week. Top price hailed from Toongi Pastoral Co, Dubbo, NSW for a 36 Shorthorn and 2 Angus steers 13-15 months averaging 405kg, which will travel to Hay, NSW.

At this week’s Tasmanian sale, cattle numbers reduced again with 363 head offered, but achieved a 93pc clearance with the majority staying on the island. Cows with CAF sold from $2070 to $3400 to average $2759. Top price was achieved by Angus NSM cows 4-5 years averaging 617kg, with calves offered by C Lyne & Son from Campbell Town, TAS.

Weaner & yearling heifers sold from $1150 to $1630 to average $1420. From Cressy, ‘Wallabadah offered NSM Murray Grey heifers, 14-19 months old, averaging 460kg which sold for the top price.

Weaner & yearling steers sold from $1420 to $1760 to average $1533. The highest price was claimed by a line of 9 Poll Hereford/Friesian steers 23-25 months averaging 493kg from Reedy Marsh, TAS.

In Western Australia, there was 2442 head offered this week with numbers being boosted by the Nutrien Midwest Store Sale and the Boyanup Store Sale. From Mount Barker, a line of Angus slaughter heifers & cows averaging 635kg sold for $1672.

The Nutrien Midwest Store Sale saw 931 offered, and a 100pc clearance returned. Top price of the sale $1410 was claimed by 85 Droughtmaster heifers offered by Fieldhouse Droughtmasters from Wickepin, WA. The future breeders 15-18 months averaged 358kg.

 

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

Less than 200kg: Steers sold from 373-622c to average 551c, while heifers sold from 500-610c to average 540c

200-280kg: Steers sold from 420-664c to average 549c, while heifers sold from 290-626c to average 475c

280-330kg: Steers sold from 338-597c to average 496c, while heifers sold from 357-577c to average 444c

330-400kg: Steers sold from 353-549c to average 467c, while heifers sold from 358-579c to average 452c

400kg+: Steers sold from 309-464c to average 433c, while heifers sold from 355-518c to average 444c

 

Source: AuctionsPlus

 

 

 

 

 

 

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