Larger volumes assist push costs decrease on AuctionsPlus

Considered one of 5 traces of a complete of 234 Angus PTIC cows 45-81 months averaging 562-651kg from Molong NSW that bought yesterday for $2240-$2420.

LIGHTER weight steers and heifers continued to say no in worth this week whereas some heavier classes strengthened slightly in on-line buying and selling this week.

Listings on Elders and Nutrien’s AuctionsPlus platform elevated 14pc to 18,589 head. Listings have been greater out of NSW whereas all different states registered falls. Clearance fell 4 share factors to 42pc.

Given {that a} good autumn break over April solely briefly stalled the decline in costs, this week’s outcomes are a robust indication that greater output of cattle will proceed to push costs decrease, with little help from subdued restocker demand.

Table of Contents

Steers

Steers weighing 200-280kg registered 2172 head and averaged 460c/kg, down one other 4c on final week, producing a 64pc clearance. Costs ranged from 363-609c, with the highest worth achieved by Wagyu x Angus steers. From Clermont, Central Queensland, 104 Droughtmaster steers 6-8 months averaging 258kg returned $1130/head or 438c/kg.

The providing of 2141 steers 280-330kg averaged 32c/kg decrease this week at 444c, producing a 50pc clearance.

Steers 330-400kg registered 1486 head and averaged 412c, up 12c on final week, for a 75pc clearance. Costs ranged from 285 to 464c. From Armidale, NSW, 100 Angus steers 8-9 months averaging 343kg returned $1590, $140 over the reserve.

Heifers

Heifers 200-280kg registered 1717 head and averaged 367c, down 7c from final week for a 32pc clearance. Costs ranged from 258-485c. From Bathurst, NSW, 82 Angus heifers 8-9 months averaging 213kg returned $900 or 424c/kg.

A smaller providing of 665 heifers 280-330kg fell dramatically in worth averaging 391c/kg, down 62c on final week because of breed kind and high quality.

Heifers 330-440kg registered 574 head and rebounded from final week’s losses to common 376c – up 43c/kg on final week for a 38pc clearance. Costs ranged from 320-396c. From Holbrook, NSW, 50 Angus heifers 20-21 months averaging 352kg returned $1330 or 378c/kg, promoting to a purchaser from SA.

Breeding females

PTIC heifers registered a 67pc improve in listings to 3572 head and averaged $1739 – down $216 from final week as ample choices for selective patrons decreased competitors, resulting in a 20pc clearance.

From Moree, NSW, 39 Santa PTIC heifers 26-40 months averaging 589kg returned $2100.

PTIC cows registered 1752 head and averaged $2079 – up $341 on final week for a 47pc clearance. From Winton, Western Queensland, 86 purebred Wagyu PTIC cows 2-12 years averaging 481kg returned $2480/head.

From Molong, NSW, 5 traces of a complete of 234 Angus PTIC cows 45-81 months averaging 562-651kg returned $2240-$2420.