Blog Post

Online listings fall 21pc, supporting limited price recovery

This line of 219 Droughtmaster steers 6-12 months averaging 298kg from Cloncurry, Northwest Queensland returned $1170 or 393c/kg on Friday.

 

CATTLE listings on AuctionsPlus totalled 14,917 head this week – down 21 percent on the previous week. Principally responsible was a 48pc reduction in offerings out of Queensland.

The reduced offering supported higher prices for most categories of Queensland cattle and a 50pc clearance compared to 38pc clearance nationally. NSW accounted for by far the largest portion of listings, totalling almost 9600 head.

Value over reserve averaged $103 while…

Click to check the original article.