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Weekly Cattle Market Update: Performance Insights
A glimpse into the recent cattle trading activities, highlighting significant sales for Santa weaned steers and heifers.
Cattle numbers witnessed a slight decline in online trading this week, with a total of 13,488 head offered, marking a 4% decrease from the previous week.
Clearance rates dipped by 3 percentage points to stand at 86%, as buyers exercised selectivity across various weight categories.
Price Trends in Steers and Heifers
Most steer categories saw a decrease in price per kilogram (c/kg); however, the medium and heavy heifer categories experienced a rise in value.
Notably:
- Lighter steers (200–280kg): averaged 551c/kg, up by 21c/kg from last week, with an impressive clearance of 89% from the offering of 1,947 head.
- Steers (280-330kg): experienced a slight increase of 2c/kg, averaging 536c/kg and clearing 82% of the 1,574 head.
- Mediumweight steers (330–400kg): saw a decrease of 16c to average 500c/kg, with a clearance of 86%.
- Heavy feeder steers (+400kg): faced a significant drop of 46c, averaging 464c/kg, yet cleared an impressive 99% of the 1,721 listed.
In a standout sale from Barraba, NSW, a line of 58 Angus steers aged 9-10 months, averaging 261kg, fetched 648c/kg and will head to a buyer near Nowendoc, NSW.
Heifer Market Performance
The heifer market showed stronger demand overall, except for the 200-280kg category, which saw a minor dip of 4c, averaging 468c/kg with an 82% clearance of the 1,632 offered.
- Heifers (280–330kg): increased by 34c, averaging 485c/kg and cleared 90% of the 1,154 head.
- Heifers (330–400kg): gained 33c, averaging 478c/kg, with a small offering of 391 heifers over 400kg clearing at 96%, averaging 17c better at 464c/kg.
From Mortlake, VIC, a notable sale included 90 Angus heifers aged 11-12 months, weighing 362kg, which returned $1,810/head, equating to 500c/kg, destined for a buyer in Bena, VIC.
Breeding Females Performance
Results for breeding females were mixed. PTIC (Pregnant Tested In Calf) heifers stood out, surging by $662 to average $2,550, although only clearing 30% of the offering.
- PTIC cows: eased by $139 to average $1,920, clearing 44%.
- SM cows: decreased by $212 to average $2,088, clearing 52%.
- SM cows and calves: lost $124, averaging $2,741 per pair, while SM heifers & calves dropped $565, averaging $2,460.
From Goolma, NSW, a line of Angus PTIC cows aged 4-5 years, averaging 563kg, returned $2,200 and will travel to a buyer near Cumnock, NSW.
Source: AuctionsPlus
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