Market remaining strong
Krause hopes for rain
AN EIDSVOLD grazier has said she was happy with how the market was currently performing.
Bev Krause, who runs the property Fairvale – located midway between Mundubbera and Eidsvold, said the Eidsvold Cattle Sale on January 18 was a “pretty good sale”.
At the sale Ms Krause sold 275kg Charbray cross steers for 386c for a return of $1062 and 303kg Charbray cross steers for 364c for a return of $1103.
“The market seems to be holding up,” she said.
“It was on par with all the other sales that have been around.”
Ms Krause said the prices had improved over the past couple of years.
“The prices have been good,” she said.
“Especially compared to what we were getting 12 months ago.”
She said the increase in the market was a relief.
“We can spend a bit of money on property and have a little bit of money on the bank,” she said.
“It certainly makes life a bit easier. Even though we have a small place, we’ve got to make a living out it.”
Ms Krause said she hoped the markets would remain strong.
“If it drops back a bit it won’t matter that much,” she said.
“But if it drops back to where it was it will be bad.
“They’re saying it will stay where it is, but you never know what can happen overnight.”
Ms Krause said while the market was strong, the biggest challenge facing farmers was the lack of rain.
“We need some rain, it’s been hit and miss and lots of places have missed out,” she said.
“That’s always a bit of a problem on the land, we need rain, but it doesn’t always happen.”
A number of cows line up for the Eidsvold Cattle Sale on January 18.