JUST over 1000 head of cattle were yarded at the Wangaratta Stock Exchange last Thursday for the female and store cattle sale which featured young cattle and females.
Corcoran Parker Wangaratta agent Justin Keane said the market proved to be positive with prices up on last month from $100 to $300 thanks to feature sales.
Thursday morning’s sale saw prices remain steady with Angus steers (300kg) at $4.70/kg and Angus heifers (300kg) at $3.00/kg.
“Prices were up from last month thanks to a number of feature sales that presented some quality steers,” Mr Keane said.
“The sale saw prices up from last month between $100-$300.
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“Producers are sitting in a healthy position in comparison to last year with quality stock being penned at the sales which is sparking confidence in the market.
“The autumn season will determine where the market will head as we have had recent rain which is a positive, however, producers would like to see some consistency with rain events.
“ANZAC day is a very important time of year for everyone as farmers are looking for sufficient rain after seeding which will govern outcomes leading into the autumn-winter periods."
Cattle producer Dale Grealy runs his Kookaburra Grove property on 75 acres who has been trading for 15 years running 40 Scott’s Angus heifers.
He presented 31 Scott’s Angus heifers and calves to the monthly sale and remained optimistic that prices would continue to remain steady.
“The market has continued to remain steady with good prices remaining consistent over the last few months,” Mr Grealy said.
“Recent rainfall and cooler overnight temperatures have become to make autumn conditions more favourable leading into the autumn period.
“The cow and calf market has remained strong along with heavy steers making a slow comeback in prices also.
“Farmers and producers are banking on rain to come through just after ANZAC day which will set things up for the latter part of autumn and into winter.
“While overall prices remain steady, the autumn break will hinge on consistency moving forward in seeing a promising outlook on cattle prices and producers’ confidence.
“We buy stock in October and sell them on between February and March as well as buying in June to sell on between October and November.
“The market is currently in a healthy position to sell compared to this time last year.”
