Markets

Young PTIC females average $1700 as AuctionsPlus numbers surge

Beef Central, 28/01/2017
This line of 48 Angus weaned steers, 5-6 months weighing 193kg hailing from Wagga Wagga, NSW made a huge 520c/kg or $1005 on Friday.

This line of 48 Angus weaned steers, 5-6 months weighing 193kg hailing from Wagga Wagga, NSW made a huge 520c/kg or $1005 on Friday.

 

AUSTRALIA Day celebrations behind us, all cylinders were firing at AuctionsPlus on Friday with a large listing of 8079 head, an increase 49 percent over the previous week.

Strong processor supply chain competition was seen in the first AuctionsPlus dedicated weaner sale for the year, where a solid 89pc clearance rate was recorded in an offering of 800 head, representing 19 lots.

A line of 48 Angus weaned steers hailing from Wagga Wagga, NSW made impressive money on Friday, making a huge 520c/kg or $1005. The 5-6 month old steers weighed 193kg.

A line of 10-11-month-old Poll Hereford steers from Mansfield, VIC also made top dollar. The weaned steers weighing 273kg at assessment made 422c/kg or $1150 and are showing strong signs of weightgain since weaning, ideal for a feedlot backgrounding or fattening operations.

Young PTIC females were well represented in this week’s offering. PTIC females under two years averaged $1709 with the top price hailing from Byaduk North, VIC. This small line of 20-month-old 654kg Hereford heifers, PTIC to Poll Hereford bulls, made $2100.

This line of 20-month-old Hereford heifers, PTIC to Poll Hereford bulls, from Byaduk North, VIC made $2100.

This line of 20-month-old Hereford heifers, PTIC to Poll Hereford bulls, from Byaduk North, VIC made $2100.

Another standout was a line of three-year-old Angus cows, PTIC to Angus bulls, from Pakenham, VIC which made $2240.

Speckle Park F1 cattle continued to make impressive money in this week’s listings. Several lines hailing from Boggabri, NSW sold well, but it was a line of 3 and 4 year olds that topped the category at $2625. The second-calvers are PTIC over Minnamurra Speckle Park bulls expected to commence calving in March/April. The cows are heading north across the border into Queensland.

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

  • Steers under 250kg sold from 440c to 520c/kg, averaging 478c/kg, while heifers in the same weight range sold from 378-390c, averaging 383c
  • Steers 250-300kg sold from 392-422c, averaging 403c, while heifers sold from 320c-350c, averaging 335c
  • Steers 300-350kg sold from 366-393c, averaging 382c, while heifers sold from 307c-365c, averaging 338c
  • Steers 350-400kg sold from 338-395c, averaging 369c, while heifers sold from 300-363c, averaging 346c
  • Steers 400kg + sold from 278-373c, averaging 331c, while heifers sold from 322-359c, averaging 333c/kg.

Breeding cattle

Among breeding cattle, cow and calf numbers were spread from north to south this week, but it was a line of 56 Angus cows and calves from Uralla, NSW that topped this week’s prices.

The 8-10 year old proven breeders made $2250 and had sappy 100kg calves at foot. The cows are unjoined ready to be joined again to the bull of choice.

Numbers of cow and calf units on a whole were down in this week’s listings, but heat, rain or high prices could all be factors in why vendors are holding-on to stock. Retaining breeding to rebuild herd sizes could also be a major factor.

This line of 56 Angus cows and calves from Uralla, NSW topped this week’s cow and calf prices. The 8-10 year old proven breeders made $2250 and had sappy 100kg calves at foot.

This line of 56 Angus cows and calves from Uralla, NSW topped this week’s cow and calf prices. The 8-10 year old proven breeders made $2250 and had sappy 100kg calves at foot.

 

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!