Australian Cattle Auction Prices Report Higher Steer and Heifer Sales

Grown steers sold at a top of 568 cents a kilogram, reaching $2995 a head, while grown heifers fetched 532 cents a kilogram or $2546 in the Albury market. Weaner steers reached 670 cents a kilogram, and heifers sold for 584 cents a kilogram or $1982. Jack Kelly noted the sale was better than expected, despite some softness in grown steers, which was attributed to feedlot buyers having plenty of cattle.

The auction results indicate strong demand for high-quality cattle, with buyers participating from Gippsland, northern Victoria, NSW, and South Australia. The activity suggests robust regional agricultural trade, although some market agents noted that feedlot buyers were not bidding as aggressively as in previous markets.