Markets

Young cattle prices plateau in another near-record AuctionsPlus offering

Beef Central, 14/03/2020

Top price among cows and calves offered this week at $3250 went to Coreen Station, Dingo, QLD offering this line of 32 purebred Grey Brahman cows and calves, 4-6 years averaging 481kg. The cows had been running with Brahman bulls, but were not preg-tested.  They were part of a run of 132 similarly-described cows, offered in four lots, segregated by age, from the same vendor. A second mob of 32 cows with calves, 5-6 years and slightly heavier, made $3150; another mob 7-9 years made $2900, and the oldest group, 9-14 years, made $2050.

 

FOLLOWING a series of dramatic rises over the past six to eight weeks, young cattle prices showed signs of plateauing in AuctionsPlus online trading this week. Total numbers offered topped 23,651 head, still near record highs for weekly catalogues.

After well received rain, buyers from the NSW North-West Slopes & Plains region overtook Southern Queensland buyers to become Top purchasing region for the week, accounting for 4647 head.

PTIC heifer numbers dropped this week to total 596 head. Prices ranged from $900 to $2060, averaging $1698, down $354 on the week before. Top price went to a line of Bongongo and Rennylea blood Angus heifers from The Junction, Coolac, NSW. These heifers were 18-19 months averaging 367kg and are PTIC to Wagyu bulls.

Other highlights included a line of 25 PTIC Angus heifers, 18-19 months averaging 473kg, PTIC to Angus bulls, which will travel interstate from Lyons, VIC to Walcha, NSW.

Mount Norway Partnership from Oberon, NSW offered 17 PTIC Rosedale black composite heifers 18-19-months averaging 444kg, PTIC to Hicks black composite bulls, which sold for $1760.

PTIC cow numbers also saw a decrease from the 1153 head last week to 1051 head. Prices ranged from $1350 to $2450, averaging $1981, down $96 on last week.

Top price went to a line of 59 PTIC cows offered by Kannemer Pty Ltd, Quirindi, NSW. These 29-31-month-old Angus cows 625kg were PTIC to Angus bulls. The next highest price went to Angus PTIC cows 28-30 months averaging 438kg from Walcha, NSW at $2340 for TEPA Pty Ltd.

Other highlights included 32 Shorthorn PTIC mixed age cows 557kg and PTIC to Shorthorn bulls, offered by Edward McCutcheon from Trangie, NSW which sold for $1720.

Cow and calf units totalled 1100 head this week and clearance remained strong at 72pc. Prices ranged from $1000 to $3250, averaging $2214 easing $183 on last week’s average.

Top price went to Flo Australia Pty Ltd, Coreen Station, Dingo, QLD offering a line of 32 purebred Grey Brahman cows and calves, 4-6 years averaging 481kg. The calves at foot averaged 100kg at 6-21 weeks, and the cows had been running with quality Brahman bulls, but were not preg-tested.  They were part of a run of 132 similarly-described cows, offered in four lots, segregated by age, from the same vendor. A second mob of 32 cows with calves, 5-6 years and slightly heavier, made $3150; another mob 7-9 years made $2900, and the oldest group, 9-14 years, made $2050. Assessor Craig Herring’s comments described the cows as excellent candidates for breeding a line of herd bulls.

Other highlights include a line of 36 Angus PTIC cows & calves offered by AJ & N Caithness, Koonwarra, VIC, sold for $3050. These rising four-year-old cows averaged 618kg, with 237kg, 5-6-month-old calves at foot and PTIC to Angus bulls. From Bylong, NSW a line of mixed age Charolais cows with CAF, averaging 419kg, with 3-5-month-old Angus CAF, sold for $1860.

Young cattle

Light steers less than 200kg sold from 458c to 650c this week, averaging 552, down 40c on last week. Top price went to a line of Santa cross steers from SAGU Pty Ltd, St George, QLD. These steers were 3-6 months averaging 138kg. Other highlights include a line of Angus steers from Gilbraltar Cattle, Bungendore, NSW selling for 598c. These 5-8-month-old steers averaged 172kg and will travel to Moonie, QLD. From Dunkeld, VIC, a line of Angus steers 203kg at 7-8 months sold for 516c.

Steers 200 to 280kg sold from 369c to 538c this week, averaging 477c, down 3c from last week. Top price went to a line of Angus steers 225kg at 5-8 months offered by The Mount, Ebor, NSW. Other highlights included Angus steers 8-13 months averaging 277kg offered by SAGU Pty Ltd from St George, QLD selling for 471c to a buyer in Dubbo, NSW.

Steers 280-330kg sold from 349c to 524c, averaging 435c, down 4c. Top price went to 10 unweaned Limousin steers 7-10 months averaging 330kg from Nundle, NSW. Other highlights included 12-18 month-old Shorthorn steers averaging 290kg from Glenmorgan, QLD, selling for 423c.

Steers 330-400kg sold from 349c to 462c this week, averaging 410c, up 4c. Top price went to 16-18-month-old Angus steers 384kg from Moonie, QLD, travelling to Dalby, QLD. Other highlights included 100 Angus steers 16-17 months averaging 351kg, from Mortlake, VIC selling for 454c.

Heavy steers averaging over 400kg sold from 268c to 420c this week, averaging 371c, down 39c. Top price went to 15-20-month-old 430kg Angus yearling steers, Clunie Range bloodlines, offered by MRH Enterprises, Condamine, QLD. From Boorook Station, Tenterfield, NSW, a line of Droughtmaster steers 16-18 months averaging 437kg sold for 401c.

Light heifers less than 200kg sold from 389c to 649c this week, averaging 505c, down 13c. Top price went to a line of Santa cross heifers 3-6 months averaging 153kg offered by Sagu Pty Ltd, St George, QLD. Other highlights included 5-6-month-old Angus heifers, Rennylea blood, averaging 136kg from Wongwibinda, NSW selling for 623c.

Heifers 200-280kg sold from 325c to 597c this week, averaging 402c, down 10c. Top price went to Minnamurra blood Speckle Park heifers 15-16-months averaging 253kg from Bowan Park, NSW.

Other highlights include a line of EU-eligible Yulgilbar blood Santa cross heifers 6-12-months averaging 213kg, aged from Sextonville, NSW, selling for 533c. From Mitchell, QLD, Todd Cattle Co offered 12-15-month-old Angus heifers averaging 262kg, selling for 419c.

Heifers 280-330kg sold from 280c to 504c this week, averaging 383c, down 3c. Top price went to a line of Speckle Park heifers from Bowan Park, NSW. Sisters of the lighter lot above, these 15-16 month old heifers averaged 301kg. Other highlights included a line of Charolais heifers 13-18 months averaging 341kg from Winton, QLD which sold for 407c.

Heifers 330-400kg sold from 300c to 585c this week, averaging 408c, up 22c. Top price went to a line of Angus PTIC heifers 18-19 months averaging 367kg, from Coolac, NSW. Other highlights included Angus heifers 15-20-months averaging 358kg from Tomalla, NSW.

Heavy heifers more than 400kg sold from 375c to 412c this week, averaging 375c. Top price in this category went to a line of NSM future breeder heifers from Crookwell, NSW averaging 414kg, aged 15-17 months. Other highlights included heifers 18-19 months, 495kg, from Condah, VIC selling for 376c.

In Tasmania, 283 head sold this week with prices from $730 to $1570, averaging $1145. Top price went to a line of unweaned Angus steers offered by GP & SJ Daly, Dunalley averaging 297kg, aged 6-7 months. Other highlights included yearling steers 18-19 months averaging 474kg from Flinders Island, sold for 341c. Another highlight in Tassie this week saw 13 Hereford steers 17-19 months averaging 381kg sell for 370c.

The WA sale saw 132 head were offered this week. Highlights included Murray Grey weaned steers, 7-8 months averaging 280kg, returning 348c/kg or $975/hd. A line of Angus weaned heifers, 7-8 months, averaging 288kg sold for 334c/kg or $960/hd. Interstate buying activity continued this week, with three out of the four lots listed heading into South Australia.

 

Source: AuctionsPlus

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