These 120 Droughtmaster steers 12-16 months averaging 371kg from Wandoan, Southern Queensland returned 415c/kg or $1540 on Friday.
WEAKER demand in a softening cattle market was reflected in lower clearance rates on Elders and Nutrien’s online platform AuctionsPlus this week.
A total of 13,822 head were offered – up 15 percent on last week but 20pc below the corresponding week last year, with red ink taking over the young cattle prices (see table below).
Steer listings drove the increase in offering numbers this week with a 40pc rise, led by heavier weight steer categories, while…
