After another month, markets across all categories are still staying strong. With water slowly starting to recede and
some strong numbers starting to hit the markets, we have interesting times ahead. Cattle are still reaching record prices with very strong restocker activity pushing prices to high rates with restocking steers and heifers fetching from $3.80 and up to $4.50c/kg. Kill cattle are reaching steady prices for good kill steers and heifers making from
$3.50 to $4.00c/kg. There is strong competition for breeders as well with some mixed age cows and calves making in excess of $3,000 per unit. These prices are a good indication of confidence in the future of the cattle market.
Sheep and lamb markets are starting to feel a little pressure with more numbers on the market. The restocking market for sheep ramped up with good 1st X ewes making well over $200 and very good joinable oneyear merino ewes up to $250. Restocking lambs are hard to buy unless you have a big cheque book, with store lambs making from
$90 to $120.
In the fat market, prices are starting to ease with more numbers becoming available to purchase. Prices for very good suckers make from $5.50 to $5.80c/kg and the best of the mutton make up towards $4.00c/kg. I believe all livestock prices will ease over the coming month but will remain relatively strong.
By Adam Chudleigh