Weekly Cattle Market Report: Analyzing the Surge in Sales

Yarding: 9556 Change: +5901

Temperatures soared at this week’s sale, resulting in a dramatic increase in the yarding as over 9500 head of cattle were penned. This represented an increase of over 5900 from the previous week, which had been impacted by rain.

Market Insights

The cattle market remained robust, with regular buyers including lot feeders and backgrounders actively competing for quality pens sourced from across various regions. Supply areas included the Maranoa district, with locations like Injune, Muckadilla, Roma, Surat, and Wallumbilla well represented, alongside western regions such as Augathella and Longreach.

Highlighted Sales

Twatty Past Co successfully sold steers for an impressive 571c/kg, averaging 297kg per head and fetching around $1,697 each. Operating out of ‘Como’ in Quilpie, they also boasted a pen of Charbray cross steers that sold for 522c/kg, averaging 427kg for a return of $2,228 each.

Elders Roma Livestock Agent, Bennett Ladbrook with Champion Livestock Co steers.

Champion Livestock Co, based at ‘Longway Station’ in Longreach, sold its Santa Gertrudis steers for 618c/kg, weighing an average of 245kg, giving a total return of $1,513 each.

M & M.T. Bright’s steers.

M & M.T. Bright’s of ‘Karoola Park’, Surat, saw a lively response for their Angus cross steers, achieving 523c/kg for an average weight of 412kg and a return of $2,153. Another pen of Angus cross steers reached 526c/kg, while a third fetched 514c/kg for weights around 440kg.

NLRS Commentary

Figures increased to 9556 head at the Roma Sale, with all regular buyers in attendance. An exceptional range of quality cattle was offered not only from local sources but also from Western NSW. Market conditions were solid to slightly higher for younger cattle, while grown steers, bullocks, and cows displayed a mixed price trend.

Weekly Roma Store Press Overview

The sale witnessed weaner steers under 200kg hitting a peak of 610c/kg, averaging 517c/kg. Steers in the 200-280kg category achieved pricing of 626c/kg, while those weighing 330-400kg reached 600c/kg with an average of 520c/kg.

Featured Supplier Highlights

• Fitzpatrick Earthmoving & Farming, Alva Downs: Santa Gertrudis cross steers topped at 622c/kg, averaging $1,703.
• Champion Livestock Co, Longway Station: Santa Gertrudis steers reached 618c/kg, averaging $1,421.
• Coorada Pastoral Co, Taroom: Charolais cross steers sold for 610c/kg, culminating in $1,298.
• Wayne W Scriven, Dulacca: Angus cross steers to 600c/kg averaged $1,378.

Conclusion

The weekly sale not only displayed a noteworthy increase in yarding numbers but also highlighted the resilience of the cattle market amidst changing weather conditions. The competition remained fierce among buyers, underscoring the positive outlook for the industry.

Market Reporter: David Friend

For the full NLRS report, click here.