A listing of 56 PTIC Brahman heifers aged 20-30 months, weighing 443.9kg liveweight, sold $700 above their reserve, to return $2,560/head.
The main feature of last week’s commercial sales was a lower clearance rate across the young cattle lines, while PTIC heifers continue to be the largest market segment.
Even though the lightest steer categories had a larger influence of dairy cattle this week, the heaver lines were mixed. 330-400kg steers averaged $32 higher on last week, averaging $2,245/head, with a subdued 59% clearance rate for the 2,447 head offered.
Feeder steers slipped back slightly on last week, down 3c, to average 538c/kg liveweight, or $2,326/head.
Clearance rates were also lower through the young heifer lines, as buyers’ recent willingness to purchase at any cost took a step back.
Through the 1,620 head of 280-330kg heifers offered, the clearance rate slipped to only 68%, while the average price edged up $29, to average $2,016/head. Heavy heifers declined $23 on last week, to $2,309/head.
Through the proven breeding lines, PTIC heifers were again the largest market segment, with the 2,822 head selling to a 78% clearance rate.
After some volatility through January, the average PTIC heifer price finished at January at $3,087/head. From Rolleston, Queensland, a listing of 56 PTIC Brahman heifers aged 20-30 months, weighing 443.9kg liveweight, sold $700 above their reserve, to return $2,560/head.
From the south, a line of 62 22-23-month-old Angus PTIC heifers weighing 397kg liveweight from Coleraine, Victoria, returned $2,760/head. Joined to Malahide Angus bulls the heifers will head into South Australia.
-AuctionsPlus