Queensland beef producers have taken a clean sweep of the first phase of the RNA’s prestigiousPaddock to Palate Competition presented by JBS Australia, sharing in a total prize pool of almost $65,000.

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PTIC cows saw a further price adjustment this week, $51 back at $1,884 average with prices ranging from $1,130 to $2,930 on AuctionsPlus.

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Cows with calves at foot sold from $1,330 to $3,280, averaging $2,195 correcting $458 after weeks of phenomenal prices.

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PTIC heifers achieved a big increase of $340 to average $1,962, selling between $1,370 and $2,530 on AuctionsPlus last week.

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Cow and calf numbers were down slightly on AuctionsPlus, totaling 882 head with prices ranging from $830 to $3,280 and averaged $2,378.

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The mature weight of Angus cows has increased genetically by 40kg in the last 20 years, with the current genetic trend showing an increase of 2.5kg per year.

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The Australian Wagyu Association is pleased to announce a Wagyu Webinar series, to bring the global Wagyu sector the very latest information on improving genetics and managing breeding in Wagyu.

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Prices for steers increased across most weight categories for the 6,900 head offered on AuctionsPlus.

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Seedstock producers will have a rare opportunity to access elite females from the heart of one of northern NSW’s leading Hereford studs at the Truro Whiteface 12thannual Bull and Female Production Sale in July.

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Cow and calf units were back up this week rising by $67, to average $2,412, selling from $1,310 to $3,500.

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National CV-19 indicators continue to rally as domestic supply shortages develop and processor competition ramps up, with winter supplies set to tighten.

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Despite the current pandemic and many economic concerns, ABS believes that the agricultural industry in general and, in particular, the beef and dairy sectors, have incredible opportunities to take advantage of going forward.

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