This line of 72 Angus and Angus x Hereford EU feeder steers from Drik Drik, Victoria, 16-17 months averaging 490kg returned $2120/head, or 433c/kg on Friday
Cattle listings elevated 13 p.c on AuctionsPlus final week, reaching a stable 14,065 head.
The lighter finish of the steer and heifer market noticed declines, whereas mid to heavier weight steers skilled features. Nonetheless, the mid to heavier weight heifer market confirmed extra variation.
The bigger providing created extra alternatives for consumers to unfold their threat, leading to a 5pc drop within the clearance to 67pc.
Listings elevated in most states, except for Queensland, which noticed a decline of 1230 head, itemizing 4860. New South Wales recorded the most important achieve, itemizing 1848 extra head than final week, bringing the full to 6668 head.
Processor/lotfeeder exercise remained regular this week at 7.3pc, with 693 head of the bought providing picked up. Patrons confirmed explicit curiosity in steers 330-400kg and 400kg and above, whereas additionally buying a couple of mid-weight heifer classes.
The decline on the lighter finish of the market was evident within the 20c/kg liveweight drop within the AuctionsPlus Younger Cattle Indicator, which averaged 352c/kg liveweight. On a constructive be aware, the 280-330kg steer class rose 3pc in comparison with final week’s costs, ending at $1265.
The value hole between weaner steers and heifers widened once more this month, with weaner steers having fun with a 19pc premium over their heifer counterparts. In the meantime, the premium between weaner steers and feeder steers narrowed additional this week, coming near parity for the primary two weeks of August, with solely a 7c/kg premium for weaner steers.
When inspecting this week in isolation, feeder steers (400kg and above) on a cents per kilo foundation loved the very best common for all steer classes. Feeder steers averaged 412c, 6c above the 280-330kg steer class, which averaged 406c.
A spotlight of the week was for a line of 72 Angus and Angus x Hereford EU feeder steers from Drik Drik, Victoria, 16-17 months averaging 490kg that returned $2120/head, or 433c/kg and can journey north to NSW. This lot was extremely contested, with three consumers from two states competing.
Steers
Steers 280-330kg registered a smaller providing this week, with 1452 head, down 29pc from final week, whereas costs lifted by $37 to common $1265/head, and a 82pc clearance was achieved.
From Braidwood, NSW 90 Angus steers 10-11 months averaging 321kg returned $1390 or 434c/kg.
As talked about beforehand, steers 400kg and above have sustained their sturdy run, with the 700 head lifting $81 on final week to common $1830 or 412c/kg. From Tintaldra, VIC 75 Angus steers 11-13 months averaging 453kg returned $1931, or 427c/kg.
Heifers
Heifer classes largely declined in worth this week, with the 280-300kg class the one one to buck the development and publish some modest features. The class recorded 973 head, which averaged $1193 head – a rise of $12 from final week.
From Bonshaw, NSW 35 Angus heifers 10-12 months averaging 306kg returned $1260 or 411c/kg.
Heifers 400kg and above additionally posted the very best common c/kg worth throughout all of the heifer classes, with the tight 372 head averaging $1497 or 352c/kg, falls of $93 and 29c respectively. The tight provide was keenly sought, reaching an 85pc clearance. From Cassilis, NSW 49 Angus heifers 20-24 months averaging 457kg returned $1690 or 370c/kg.
Breeding females
Breeding females recorded falls all through most classes, with SM heifers and cows the one two to document worth will increase on final week.
Station mated cows averaged $2048, a rise of $387 for the 347 head on provide. From Murrindindi, VIC, Angus cows aged 4 years outdated averaging 789kg returned $2430.
Station mated heifers averaged $1942, a rise of $580 for the 344 head on provide. From Barraba, NSW two strains of 69 Angus heifers 33-48 months averaging 486kg returned $2260.
Costs as at 2pm Friday, August 9.
Supply: AuctionsPlus
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