Selling to $4000/unit, the 33 SM heifers (pictured) averaged 480.8kg liveweight and ranged between 2.8-3 years of age, while the calves averaged 157kg/head.
The 200-280kg steer segment sold to a much stronger trend, with an 87% clearance rate for the 1,695 head offered. Prices for 200-280kg steers averaged $1,681/head – up $191 from the previous week.
For the five young steer categories, it was three-down, two up, with the largest moves across the two lightest categories. Again, influenced by a steady representation of dairy cattle, the less than 200kg categories, with only 355 head offered, dropped $137 on last week, to average $964/head – erasing most of last weeks $158 gain.
A comparative large offering of heavy steers, exceeding 400kg, sold to very steady competition, with an 83% clearance rate for the 1,116 head offered. Recent weeks has seen a steady supply of heavy steers hitting the market, with this week’s price slightly lower, down $8, to average $2,417/head – or down 5c, to average 535c/kg lwt.
For the heifer lines, most of the offerings for the week was for the 200-280kg segment, with 2,414 head selling to an 86% clearance rate – averaging $9 cheaper, to $1,522/head. A steady supply of 330-400kg heifers sold to an 84% clearance rate, with prices edging $4 higher, to average $2,058/head for the week.
For the proven breeding lines, its was largely a softer market, with clearance rates varying across categories. After weeks of subdued clearance rates, the 978 PTIC heifers offered sold to a much higher clearance rate, at 81% – as the price slipped $139 on last week, to average $2,434/head.
Anecdotal reports indicate that some vendors choose to set PTIC heifer reserve levels lower than in previous weeks, keen to enhance the probability of a transaction.