Prices slide due to dry
IT’S been a tough few weeks for the cattle market, with dry winter conditions putting prices on a downward slope.
Elders stock agent Darren Hartwig said export cattle were dearer, with bullocks and cows gaining 5c/kg.
Better-conditioned trade and store cattle were 5c dearer as well.
“I think (the market) will stay similar to what it is over the next couple of weeks, and if it doesn’t rain in the next couple of weeks it’ll ease off a bit,” Mr Hartwig said.
“It’s pretty stable right across the region. It’s cheaper further south.
“We’re better off than the southern states like southern New South Wales and Victoria.”
John Reushle sold three pens of angus-cross weaner steers for 266c/kg at the Toowoomba saleyards on Monday.
“On the day I’m happy with the price, prices are back a bit at the moment,” Mr Reushle said.
“There’s no use restocking if you have no feed and the way the season is going …”
Mr Reushle is still running 70 breeders on his 182ha property in Plainby. He described the season so far as “reasonable”.
“You wouldn’t say it’s been really good,” he said. “It’s been an average season.
“Not like those poor fellas on the other side of town who’ve had barely any rain at all.”
Mr Hartwig said Mr Reushle got one of the best prices of the sale.
“It was the quality of the breeding. Mr Reushle had good-quality angus-cross steers,” he said.
“It was the quality and the right weight for the restockers to purchase.
“So he had the right category for them to sell.”
❝It’s pretty stable right across the region. It’s cheaper further south. — Darren Hartwig
HAPPY SALE: John Reushle received one of the highest prices of the day for his cattle at the Toowoomba sale on Monday, with his three pens of weaner steers selling for 266c/kg.