Market confidence in Angus cattle

November 26, 2015 4:04 pm

In a cattle market that appears to be improving each week on the back of buyer confidence following recent rainfalls, Angus cattle are continuing to stand out reaching some phenomenal prices.

Friday’s Eastern States AuctionsPlus sale saw Angus lots top a number of categories.

A line of  130 Angus weaned steers reached the outstanding price of 431c/kg. This equated to $960 per head for these 223kg, 7-9 month old calves, recently weaned from their mothers.

Offered by Bydand Pastoral Company Walcha, NSW, this line of steers was described by assessor and Elders agent Nick Hall as ‘Angus steers that have a very good reputation for performance & will suit backgrounders or fatteners to take through to heavier weights’.

48 Angus steers offered by Balagna Partnership, Inverell NSW topped the offering of steers over 350kg, to reach 351c/kg or $1,274.

PTIC first calvers topped at $1,720 for 70 Angus heifers offered by M. L. Leonard from Coonamble NSW.

Young cows with their first calf sold to a top of $2,040 with 42 Angus heifers with Angus calves at foot, offered by JT Rural from Millmerran QLD making the top price.

32 eight year old Angus cows with Angus calves at foot topped the cow and calf market reaching $2,150. Offered by Hillcrest Nominees Pty Ltd, Barooga NSW, the cows were describved as having ‘been bred for temperament and they yield results’, by assessor and Nathan Everingham & Co agent, Rob Crow.

The Bairnsdale store cattle sale saw Angus cattle perform extremely well,  with agent Graeme Fullgrabe from Sharp Fullgrabe & Co, saying that the ‘feature cattle of the yarding were the Angus steers; and they sold extremely well’.

20 461kg Angus steers offered by Graeme Hine, Woodglen VIC reached the top price for a line of steers reaching $1,440 per head.

While 17,18 month old Angus heifers offered by Barry and Lea Worseldive, Bengworden VIC topped the sale to reach $1,280 per head.

These sales topped off a stellar week for the Angus breed that has performed well across all sections of the supply chain.

Pictured above: Some of the Angus steers that reached 431c/kg in the Eastern States AuctionsPlus sale on the 4th September 2015. Image courtesy of AuctionsPlus.