A more buoyant market after rain

Prices a nice surprise for some vendors

FUN AT THE YARDS: Three year old Vera Sartori enjoys herself at the muddy Wangaratta Saleyards on Friday. PHOTOS: Luke Plummer

KILFEERA beef cattle farmer Angus McMillan was one vendor pleased with the prices at the Wangaratta store sale last Friday.

He got a little more than expected with 13 nine month old weaned steers fetching $478 each.

It comes at a time when rain over the past week seems to have made the market more buoyant, despite depleted feed stocks heading into winter.

“These were the last of my steer calves, so you can’t expect the world, but I hope to get $450,” Mr McMillan said before the sale.

“Supply for hay is starting to diminish rapidly and this has an affect on confidence.

“What’s happened after a couple of wet summers and rain before Easter, is the magnificent season has now evaporated on us.

“It has turned into what you’d call a green drought, which is horrible.

“The most intelligent people made the decision six to eight weeks ago to offload.”

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