Demand for breeding stock continues to strengthen

Cows-and-calves-CowraDemand for breeding stock has continued to strengthen as many farmers are taking advantage of feed from recent rain and trying to rebuild herd numbers.

Cow and calf units saw the highest demand of all stock categories, achieving 96% clearance.

Prices also soared as they sold between $1,560 and $3,080 to average $2,425, up $166 from last week.

The top price of $3,080 was a line of 30 station mated Angus cows, 5.5-6 years old, 504kgs with 6-7 month old, CAF weighing 176kgs.

The Te Mania Blood cows and calves were offered by A/c ‘S Chalker’ from Cowra, NSW and will travel to Wagga Wagga, NSW.

From Mansfield, VIC a line of 22 NSM Poll Hereford cows & calves sold for $3,020.

The Allendale/Days blood, 3 year old cows weigh 579kgs and have 3-10 week old, CAF weighing 103kgs.

A notable highlight was the registered Speckle Park heifer with bull calf at foot, offered by A/c ‘Gammagaze Pty Ltd’ from Irongate, QLD which sold for $9,900. The Minnamurra blood cow is 30 months old, weighs 479kgs and the CAF is 1 month old and weighs 76kgs.

PTIC cows were also hot property this week as 82% of the 2,278 offered sold. Prices ranged between $1,200 and $2,900 to average $1,974, up $81 from last week.

The top price featured in the Ray White Livestock Tenterfield & Warwick Feature Weaner & Breeder Sale. The Speriby North blood PTIC Angus cows, are 3 years old, weigh 541kgs and were offered by A/c ‘BJ Berridge’ from Tenterfield, NSW.

Another highlight was a line of 4 year old, Angus cows, 427kgs and PTIC to Kenny’s Creek Angus bulls, from Wellington NSW that made $2,590. From Forbes, NSW 70 PTIC Angus cows, 56-56 months old, 459kgs sold for $2,450.

There was an increased offering of PTIC heifers this week with 1,579 on the box, up 603 head.

In accordance with the dearer market trend, prices increased by $237 as they sold between $1,140 and $3,000, averaging $1,807. The top price was achieved by a line of PTIC heifers from the ‘Woonoka Angus Stud Reduction Sale which featured in the Eastern States Sale.

There were 11 registered and 3 commercial heifers in the line, aged 16-20 months, 426kgs and are 2 to 5.5 months PTIC to registered Angus bulls. From Bega, NSW a line of 21 PTIC heifers, 36 months old, weighing 578kgs, returned $2,510. The heifers are 4 to 7 months PTIC to Glengowan Angus bulls.

Cattle numbers were back this week with 20,489 head listed across the weekly commercial sales, down 3,365.

The reduction in numbers saw demand increase as most sales experienced strong clearance rates, averaging 83%.

Recent widespread rainfall across many regions in Southern & Central New South Wales, Victoria and South Australia stimulated purchases, resulting in a dearer market trend across all stock categories.

The most significant increase was achieved by PTIC heifers with prices jumping $237 to average $1,806. Central West NSW continues to assert its dominance as the most successful purchasing region, securing 3,241 head this week.

-AuctionsPlus

UPCOMING SALES / EVENTS
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