The financial year 2018-2019 has seen the Feeder Indicator fluctuate throughout the period, but generally remained stable around the 280 c/kg mark. Wagyu F1s as reported to Auctions Plus showed greater variability, exhibiting a downward trend from 260 c/kg to around 210 c/kg and fluctuating around the EYCI for the same period. The number of lots and clearances peaked around February and March, but also showed greater variance on prices achieved. The last quarter of the FY had less clearances and less animals being offered for sale, with no sales recorded at all for the month of April.
Please note it is estimated that Wagyu F1 sales reported by AuctionsPlus represent a small proportion (in the order of 2-5%) of total Wagyu F1 sales and that the data listed may not reflect direct supply relationships. This may be a result of many things, including the cattle being outside of specifications for the buyer or due to small lot numbers. Sale frequency varies from month to month with some months recording more than one sale. The data on buy prices for the many different Wagyu F1 supply chains is not publicly disclosed. The National Feeder indicators are sourced from Meat & Livestock Australia.