Part of a ,line of 106 Angus steers 11-12 months averaging 368kg from Mount Gambier, SA which returned 464c/kg or $1710/head to a buyer in Victoria on Friday.
Commercial cattle listings in Elders and Nutrien’s online platform, AuctionsPlus sales hit 15,632 head this week – up 29 percent on last week – pushing prices and clearance rates lower.
Higher slaughter rates and rebuilt herds continue to reduce competition between buyers and place downward pressure on prices, while demand remains weak due to seasonal and economic uncertainty.
Listings remain lower than the same week for the…
