Blog Post

Online numbers lift 26pc to 12,014 head

From Drillham, Queensland, these 105 purebred (F4-F7) Wagyu backgrounder steers 16-22 months averaging 364kg returned 821c/kg or $3000/head. A further 51 of their heavier half-brothers averaging 421kg made 665c/kg or $2800.

 

CATTLE offerings via Elders and Nutrien’s online platform AuctionsPlus lifted 26 percent last week, reaching 12,014 head. The number was still 43pc below the same week last year.

As rising interest rates continue to bite into household budgets, cash flow is becoming more important than seasonal conditions in influencing buying and selling decisions. Producers are…

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