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AuctionsPlus goat offering falls but clearances improve

Sheep Central, September 5, 2022

These 3-6 month-old rangeland bucks at Euabalong in central western NSW sold for $74 on AuctionsPlus last week.

AUCTIONSPLUS national goat listings for August fell to 4816, down 39 percent from the previous month, in line with commercial sheep and cattle supply trends.

Sales during auctions increased this month to 37pc, but post-sale negotiations remain integral to increasing clearances, with 63pc sold via the met reserve, or update to sold function, AuctionsPlus said.

The lower supply registered through August aided a higher clearance rate and facilitated price rises across several categories, as confidence across the livestock market started to rebound, AuctionsPlus said. A 57pc clearance rate was averaged for the month — up from 46pc in July – while the average price for rangeland does rose $15 and hit an 85pc clearance.

New South Wales was again the highest listing state in August, offering 3316 head, or 69pc of total listings. Central western NSW producers listed 1797 head, followed by western NSW with 692 head. Buyers in western NSW also secured the largest number of goats, purchasing 960 head, followed closely by western Queensland with 826 head.

The largest category was rangeland bucks with 53pc of the 1600 head offered making an price of $80. Boer/rangeland bucks sold to a 78pc clearance rate across the 423 head, and averaged $128, a rise of $53. AuctionsPlus cleared 94pc of a thin offering of 96 Boer bucks for an average price of $267.

There were price rises in two of the three doe categories that totalled 2209 head. Boer does averaged $205, up $29 and 76pc of the 442 head offered sold. At Richmond in Queensland, 51 8-10 month-old Boer cross does averaging 39kg lwt sold for $300 to a Queensland buyer at Barcaldine.

Source – AuctionsPlus.

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