Market Update: Roma Saleyards Sees Surge in Cattle Prices

PJH Livestock agents Ed Cross and Steven Goodhew with Able Pastoral steers

Yarding: 8,372 Change: +669

Following beneficial winter rainfall, cattle prices have continued to rise, with nearly 8,400 head yarded at the Roma Saleyards.

Market Dynamics

With the market remaining firm, many categories experienced price increases of 10 cents or more. The Tuesday sale attracted a busy crowd of regular processors, lotfeeders, and backgrounders, all vying to secure premium cattle.

The diverse selection and high-quality cattle available reaffirmed Roma Saleyards as the favored marketplace amidst the ongoing cattle demand.

Yarding Sources

The cattle yarding was primarily sourced from local supply districts, including Roma, Injune, and Taroom, as well as from Morven, Charleville, and Augathella. Cattle were also consigned from regions as distant as Boulia, McKinlay, Barcaldine, Blackall, and Mount Isa in Queensland.

Notable Sales

Able Pastoral Partners, known as ‘Two-Up’, presented a quality run of Angus cross and Santa Gertrudis cross steers, which averaged 561c/kg, weighing in at 246kg for a total return of $1,379 each.

Peter Seawright’s Santa Gertrudis cross steers reached a high of 572c/kg at 220kg, netting $1,259 per head.

Two additional pens of Angus cross steers sold at a straight 564c/kg, each weighing 244kg for a final return of $1,379.

Mulga Ag steers with GDL agent Anthony Hyland

Mulga Ag also had a successful day, offloading a batch of Angus cross steers that averaged 547c/kg while weighing 300kg, yielding $1,642 per head. A particular pen even achieved 568c/kg for steers weighing 307kg, resulting in $1,742 per head.

Jersey Plains Pastoral heifers with Top X agent Billy Swain

Jersey Plains Pastoral Co contributed an impressive lot of Droughtmaster heifers from Julia Creek, averaging 433c/kg at 367kg, with notable pens reaching up to 453c/kg.

National Livestock Reporting Service (NLRS) Commentary

Despite the positive weather conditions in the supply district, the Roma agents managed to yard 8,372 head. All the typical processing agents were present and competitive. The high-quality yarding provided buyers with a variety of weight ranges and categories, which contributed to an improved market across the board.

Weekly Roma Store Press Report

Additionally, the week recorded weaner steers under 200kg topping at 584c/kg and averaging 558c/kg, while those in the 200-280kg range peaked at 572c/kg with an average of 521c/kg.

Able Pastoral Partners saw their Santa Gertrudis steers reach 572c/kg, with a top price of $1,512. Similarly, Mulga Ag recorded impressive sales with Angus cross steers yielding 568c/kg, totaling $1,963.

Detailed observations showed a variety of other notable sales, with many sellers achieving encouraging returns.

Conclusion

The ongoing trends in cattle pricing at the Roma Saleyards indicate a resilient market buoyed by strong demand and competitive activity from buyers, driving a successful week for local producers.

Market Reporter: David Friend

For full NLRS reports, click here