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Australian AuctionsPlus listings rose 12% to 15,049 head with weak clearance rates, and feeder steers and heifers over 400kg fell 23c/kg and 6pc/kg respectively. Early feeder cattle flow from northern Australia has booked feedlots weeks ahead.
Heavy feeder supply and feedlot bookings are pressuring Australian feeder prices, though low clearance signals weak buyer appetite for the moment.
aglifemedia.comdevelOper_09Jan 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
