Blog Post

Young cattle prices rally in smaller 7085 head AuctionsPlus offering

Part of a line of 109 Angus steers 9-11 months averaging 303kg from Ladysmith, NSW that returned $1290 or 426c/kg on Friday

THERE was a sharp rise in most young cattle prices on Elders and Nutrien’s online marketing platform Auctions Plus last week.

Commercial cattle listings in sales held on Friday fell slightly to 7085 head, down three percent. The reduced offering was met with healthy competition as clearance rose to 65pc, and value over reserve lifted by $20 to average $133.

Low prices and high pasture availability is causing greater retention of cattle on farm. Buying activity is…

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