Demand for young heifers buoys cattle market

Weaned-heifers-Deni

These 9-10 month old heifers from Werai Station, Deniliquin, made $1800.

Smaller offerings were seen in four out of the five heifer categories this week. The 200-280kg heifer listings contracted by 45%, while 400kg+ heifers saw a 62% decline in listings.

Tightened supply and ongoing demand for young heifers buoyed prices, with a 12c/kg lift in the category last week, averaging 592c/kg.

From Deniliquin, NSW, 85 Angus heifers averaging 236kg returned $1800/head -or 762c/kg lwt. The 9–10-month-old heifers will travel interstate to Pakenham, Victoria.

Heavy heifers weighing 400kgs+ also registered a lift in price and demand, with 100% clearance and a 25c price lift, to average 442c/kg lwt. A line of Angus feeder heifers from Tenterfield, NSW, averaging 415kg, experienced a wealth of bidding activity – selling $495 over reserve price, to return $2,154/head, or 519c/kg lwt.

Prices and demand for breeding stock accelerated this week, with PTIC heifer and cow categories both increasing by $60/head and $94/head, respectively.

A line of 55 6-year-old Angus PTIC cows from Coolac, NSW, weighing 655kg returned $2,980/head. The cows were joined to Reiland Angus bulls and will travel south into Victoria.

Non-Station Mated (NSM) categories registered the largest price increases this week, with NSM cows and calves averaging $588/head higher than last week, at $3,223.

NSM heifers and calves also averaged $403/head higher, with both categories achieving 100% clearance.

A line of 5-7-year-old NSM Charolais cows weighing 610kgs, with CAF from Emerald, Queensland, returned $3,240/head and will travel south to Inverell, NSW. The calves aged 1-7 months were sired by Palgrove Ultra Black bulls and weighed 210kgs

UPCOMING SALES / EVENTS
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