Steer prices surge at Euroa December Angus Sale

Buyers headed to Euroa for the feature runs of autumn-drop steers — the 2025-born weaner calves that traditionally attract strong competition at the December sale.

“That’s what people generally come to Euroa to buy in December, and they sold really well,” Mr Allen said.

Steers sold either side of $6/kg liveweight, depending on weight and quality. Several standout pens topped above $2200 for wieners weighing 350 to 360kg.

Mr Allen said buyer demand was clear and driven mostly from the south.

“The strength today as far as buying support probably came from south of Euroa,” he said.

“And mainly probably South Gippsland. And they were very competitive on the heavy end of the oldest steers … and very competitive on the heavy end of the weaner steers.”

Prices were “significantly up” on this time last year, he said.

“I think last year from memory, I think the top draft of weaners were making $1400 to $1500 and this year they’re making $2000 to $2200 — the same calves at the same place, so, it’s significantly dearer,” Mr Allen said.

“It’s not the dearest we’ve seen it, but it’s very, very strong. I think vendors will be very happy with the result, and I think the buyers would all be very happy in today’s market.”

Mr Allen said recent strong markets for older cattle were a major influence.

“A lot of people have sold bullocks and feeder steers in the last two or three months for $3000 to $4000 a head,” he said.

“That gives them a margin to go back into the market and replace those cattle with younger cattle.

“There was cattle going in every which direction.”