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Goat prices ease for bigger July offering on AuctionsPlus

Sheep Central, August 8, 2022

These 22-23 month-old Boer-rangeland cross does at Jindera, NSW, sold for $300 on AuctionsPlus last month.

GOAT prices eased on AuctionsPlus during July, mirroring the trend across sheep and cattle markets in the last month.

AuictionsPlus offered 7901 goats in commercial sales in July, a 39 percent increase from the previous month.

The overall clearance for the month reached 46pc, as confidence across all markets dropped significantly throughout July, AuctionsPlus said.

Of the goats sold during the month, just 18pc were sold at auction, 45pc were sold prior to auction using the “buy now” feature and the remaining 37pc sold auctions, after post-sale negotiations between selling and purchasing agents.

New South Wales accounted for 56pc of monthly listings and Queensland producers offered 43.5pc.

The top listing regions for the month included western NSW (3493 head), southern Queensland (1989 head) and western Queensland (1350 head). On the purchasing side, Queensland buyers accounted for 61pc of goats purchased and 30pc were sold into NSW.

AuctionsPlus offered 3568 rangeland does and achieved a 55pc clearance rate, with prices ranging from $90-$113, to average $105 – back $53 from June. At Chinchilla in Queensland, 314 rangeland does aged 1-6 years and weighing 27kg lwt made $113, or 414c/kg lwt, and sold to a buyer at Wee Waa, NSW. Another highlight for the category was two lines of rangeland does at Broken Hill, NSW, totalling 1300 head. The 1-2 year-old does averaged 27kg lwt, and sold for $105 to a Queensland buyer.

Only 36pc of the 2820 Boer/rangeland cross does sold for an average of $191, back $13 from last month. At Jindera, NSW, a line of 22-23 month-old Boer/rangeland does weighing 38kg lwt sold for $300, or 796c/kg lwt, to a buyer at Wodonga, Victoria.

While overall buck listings were sparse across the month of July, AuctionsPlus cleared 82pc of the 251 Boer bucks offered for an average of $529, back $266. A highlight for the category included a line of nine red Boer bucks at Morvern, Queensland, that sold for $1000, $500 above their reserve price. The 9-10 month-old bucks weighed an average of 38kg lwt and were purchased by a buyer at Cunnamulla, Queensland.

Source: AuctionsPlus.

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