Prices jump significantly on weaner steers to average $1938

Angus-tenterfieldThrough the 280-330kg and 330-400kg steer lines prices jumped significantly, with clearance rates of 88% and 92%, respectively.

For the 280-330kg segment, the 1,115 head sold to fierce competition, averaging $152 higher, at $1,938/head.

Similarly, the 330-400kg weight segment kicked $114 higher, to average $2,112/head, with a much lower offering of only 847 head for the week.

Demand for feeder steers remained very strong, with the 1,233 head of 400kg+ steers selling to a 92% clearance rate and averaging $46 higher, at $2,425/head.

Light young steers were again a vary rare item last week, with a large component of dairy influenced lines on offer through the lightest weight segment in the southern market.

A 48% contraction in the number of 200-280kg heifers offered this week assisted with a $78 jump in the weekly average, to $1,531/head – with a 93% clearance rate for the reduced offering.

Prices for the 280-330kg and 330-400kg lines slipped back marginally on last week, down $8 and $18, respectively.

Numbers were again very thin through the proven breeding lines, with the 1,689 PTIC heifers making up the largest segment of the market.

The clearance rate for PTIC heifers was up slightly on last week, at 65%, while the average price jumped $192 on last week, to $2,573/head. NSM cows with CAF sold to a strong level of interest averaging $97 higher on the previous week, at $3,427/head – with an 84% clearance rate for the 865 head offered.

-AuctionsPlus

UPCOMING SALES / EVENTS
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