MOST young cattle categories declined in price in online trading this week, where AuctionsPlus posted an offering of 11,579 head, up 36 percent on the previous week.
The larger offering was met with mixed competition as clearance lifted to 58pc, while value over reserve was steady at $69, suggesting that vendors are adjusting expectations and reserves lower.
The higher offering brings 2023 throughput more in line with typical spring market conditions, given the reduced concern of an FMD incursion compared to this time last year.
Breeding stock prices were well supported by a reduced offering, while the opposite occurred for young heifers and steers, with listings 60pc higher pushing prices lower.
Steers 200-280kg registered a larger offering of 2136 head and averaged 346c/kg, down 2c from last week for a 49pc clearance. Prices ranged from 119- 420c. From Tambo, Queensland 102 Brangus steers 5-12 months averaging 223kg returned 381c/kg.
Among larger lines offered this week, 207 Angus x Brahman weaned steers 234kg at 7-10 months from Muttaburra northwest Queensland made 391c/kg or $875/head.
A larger offering of 1607 steers 280-330kg averaged 342c, down 24c or $36 from last week for a 67pc clearance. Prices ranged from 219 – 390c. From Lucyvale, Victoria 78 Angus steers 10-12 months averaging 314kg returned 363c/kg.
Heifers 200-280kg registered a larger offering of 2008 head and averaged 262c/kg – down 7c from last week for a 61pc clearance. Prices ranged from 151-329c. From Texas, QLD 80 Angus heifers 8-10 months averaging 224kg returned $610 or 273c/kg and will travel to a buyer in Toobeah, Queensland.
Heifers 280-330kg averaged 283c/kg down 16c/kg on last week.
Heifers 330-400kg registered a larger offering of 751 head and averaged 320c/kg up 5c from last week for a 36pc clearance. Prices ranged from 251-400c. From Clermont, Queensland 57 Droughtmaster heifers 24-27 months averaging 359kg 400c/kg or $1437/head.
Breeding females saw gains in price across most categories on the back of a restricted offering on last week. PTIC heifers registered a smaller offering of 502 head and averaged $1299 – up $58 from last week for a 35pc clearance. From Bendemeer, NSW 129 Angus heifers 18-24 months averaging 404kg offered across five lots returned $1400/head. Most will travel to a buyer in Dubbo, NSW.
PTIC cows registered a larger offering of 433 head and averaged $1443 – up $120 from last week for a 48pc clearance. From Earlston, Victoria 24 Angus cows six years averaging 575kg returned $1280.
Prices as at 2pm Friday 4 August