Weekly Cattle Market Update: AuctionsPlus Insights
These 126 Santa x Hereford feeder heifers, weighing 397 kg at 14-21 months from Isisford, Western Queensland, made 377c/kg on Friday. Another 75 Angus x Santa heifers from the same vendor, 14-21 months averaging 410 kg, returned 376c/kg.
This week marked a significant rise in cattle listings on AuctionsPlus, totaling 10,702 head—a 15% increase. Overall clearance rates surged to an impressive 90%, indicating robust market activity.
Market Dynamics and Price Trends
Notably, most steer and heifer categories saw a lift in c/kg values, while breeding female lines mostly dipped. High clearance rates, especially in the steer and heifer segments, suggest strong alignment between vendor expectations and buyer demand, reinforcing market momentum.
Interstate purchasing decreased slightly, accounting for 32% of cattle offered.
Steer Offerings
The offering of 1,668 steers weighing 330–400 kg witnessed a rise of 72c/kg, averaging 494c, and achieved an 88% clearance rate. For feeder weight steers above 400 kg, a smaller offering of 309 head cleared 98%, averaging 516c/kg, an increase of 26c from the previous week.
Lighter steers in the 280–330 kg range remained in demand, with 1,313 head clearing 97% to average 490c, a significant increase of 49c week-on-week. Additionally, 1,371 steers weighing 200-280 kg cleared an impressive 99% with stable pricing steady around 492c.
From Bethungra, NSW, a line of 95 Angus steers, aged 11-13 months and averaging 358 kg, returned 539c/kg, destined for a buyer near Anakie, VIC.
Heifer Categories
Price variability was evident among heifers, with the 280–330 kg category experiencing the largest jump, increasing by 127c to average 477c, with 560 head clearing 99%. Conversely, heifers weighing 200-280 kg lost 4c, averaging 413c, while 1,528 head cleared 99%. The 330-400 kg heifers gained 12c to average 419c, while heavier heifers above 400 kg eased by 20c/kg to average 424c from a small offering of 232 head.
From Isisford, QLD, 75 Angus x Santa heifers aged 14-21 months, averaging 410 kg, returned 376c/kg and will travel to a buyer near Lavington, NSW. Additionally, 126 Santa x Hereford feeder heifers from the same vendor, weighing 397 kg at 14-21 months, achieved 377c/kg.
Breeding Females Overview
The breeding females category reflected mixed outcomes. Station-mated cows and heifers both saw substantial declines, falling by $224 and $262 respectively to average $1,938 and $1,817.
However, PTIC heifers emerged as the top performers, increasing by $442 to average $2,085, while PTIC cows dropped $308, averaging $1,668 from a yarding of 424 head. An offering of 510 station-mated cows and calves decreased by $196, averaging $2,054 per pair.
Despite standout prices, clearance rates among various breeding categories were lower. PTIC cows achieved a clearance rate of 64%, with PTIC heifers at 60%, indicating that buyers are perhaps exercising caution regarding long-term investments or are being highly selective.
Listings and purchases remained concentrated between NSW and Queensland, with Queensland buyers acquiring an additional 1,758 head this week.
From Jerilderie, NSW, a line of 21 Angus PTIC cows aged 2-5 years and averaging 505 kg returned $2,300, on their way to a buyer near Wagga Wagga, NSW.
Source: AuctionsPlus
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