CLEARANCE rates improved for a 60 percent drop in AuctionsPlus goat listings to 1932 head in September, with prices varying around quality.
The overall clearance rate for the month was 58pc, steady on last month. Post-sale negotiations remain integral to securing a sale for goat listings, with 75pc of the offerings selling post-auction.
New South Wales sellers continued to dominate and accounted for 90pc of September listings. Queensland registered the largest drop in listings, offering just 57 head in the past four weeks.
Supplies from central western NSW accounted for 49pc of offerings, followed by the state’s north-west slopes and plains with 39pc. NSW’s Riverina region buyers accounted for 68pc of monthly purchases followed by northern Queensland at 19pc.
The largest category was the 1364 Boer/rangeland cross does offered last month, accounting for 71pc of the total offering. AuctionsPlus said the offering experienced the impacts of selective buying with 57pc selling for an average price of $145, up $53 on the previous month. At Walgett in NSW, 700 4-6 month-old Boer/rangeland does averaging 20kg lwt made $130.
Only half of the 288 rangeland does offered across the month sold, for average price of $162, up $42. At Nyngan in NSW, 144 1-5 year-old rangeland does averaging 36kg lwt sold for $161.50 to a Queensland buyer.
A reduced offering of 48 Boer does resulted in the largest month-on-month price increase when 75pc averaged $420, up $215. At Braidwood in NSW, 36 12-18 month-old Boer does averaging 33kg lwt made $420.
Source – AuctionsPlus.