AUCTIONSPLUS commercial goat listings reduced 15 percent to 2976 head in November as prices eased.
Following on from analysis earlier in the week looking at over-the-hook goat and livestock prices, reduced listings and an easing in prices across all categories continued, AuctionsPlus said.
Overall goat prices online and over the hook have contributed to a reduction in listings in recent months.
Of the goats sold online during November, 54pc were purchased at auction, up from just 9pc in October. AuctionsPlus said 44pc of goat lots were sold by post-sale negotiations, up from 24pc last month, and 2pc were purchased using the ‘meet reserve’ feature.
Queensland goat listings accounted for 81pc of goats offered in November, steady on October, and NSW accounted for the remaining 19pc. Top listing towns included Begonia in NSW, and Charleville, Queensland and Longreach in Queensland. On the purchasing side, 84pc of goats went to Queensland buyers, while the remaining 16pc went to NSW. Top purchasing locations included Murrami, NSW, Bollon, Queensland and Ravenswood, Queensland.
Boer does were the largest category for the month, accounting for 24pc of the total offering. Clearance rates reached 67pc, with prices averaging $116, back $84 from last month. A line of 230 2-7 year-old Boer does at Balranald, NSW, weighing 48kg lwt sold for $175 to a buyer at Wagga Wagga, NSW.
The 475 rangeland does offered in November were sold for an average price of $69, back $44 from last month. At Longreach in Queensland, 375 aged rangeland does weighing 18kg lwt made $50 with a buyer at Ravenswood, Queensland.
Only half the 600 mixed sex rangeland goats listed in November were sold at an average price of $50. At Morven in southern Queensland, 300 mixed sex rangeland goats weighing 19kg lwt sold for $50 to a Queensland buyer at Cunnamulla.
Source – AuctionsPlus.