Blog Post

First signs of market stabilisation in 15,116 head online market

From Moonie, Queensland, this line of 62 Santa steers 6-8 months averaging 245kg returned $1370/head, or 558c/kg. A further 53 lighter sisters 236kg made 467c/kg or $1100.

LISTINGS in AuctionsPlus weekly commercial cattle sales were down three percent last week to 15,116 head.

Green ink made a return with many categories flat or better, as the first signs of price stabilisation appear in the market.

The tropical low currently bringing significant rain to parts of northwest Queensland and the prospect for it to move into southeast Queensland has spurred improved demand from Queensland…

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