Blog Post

Clearance drops to 31pc in smaller, cheaper 12,693 head online offering

This line of 87 EU-eligible Angus steers 9-10 months averaging 338kg from Guyra, NSW returned $1385/head or 409c/kg on Friday.

 

Online cattle listings on AuctionsPlus totalled 12,693 head last week – down 15 percent on the week before, with most young cattle categories recording more red ink.

The broader cattle market continues to experience challenging trading conditions with high supply of slaughter-ready cattle and a lack of restocker demand placing downward pressure on prices. This was evident in value over reserve in online trading slipping $43 to average $60/head and clearance…

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