Inverell Cattle Sale Tuesday 30th July.
Inverell penned 1100 mostly good quality cattle to a market resulting in mixed trends with quality corrections through some categories. All the regular buyers attended with strong interest for drafts of background cattle. Weaner steers considerably dearer as were the heifers which lifted 19c/kg and both categories going to restockers. Light yearling steers to 28c/kg better 330c to 400c/kg to backgrounders. Heavier drafts to feed on were 11c/kg cheaper however similar weights to background were dearer 374c to 426c/kg. Medium weight steers lost ground to be 13c/kg back. Heavy yearling steers to feed gained 28c/kg making to 355c/kg. Light heifers to background were significantly dearer 298c to 326c/kg and similar weights to feed on much dearer selling to 324c/kg. Medium weight feeder heifers sold to 351c/kg and were considerably dearer. Similar weight heifers to the trade declined 6c/kg to sell to 338c/kg. Heavy grown steers were dearer 324c to 360c/kg the heifer counterparts to 20c/kg better. Medium cows were firm. A large offering of heavy cows were slightly cheaper 293c to 319/kg. Heavy bulls gained 13c/kg and ranged 250c to 278c/kg. Stephen Adams MLA
Inverell Sheep & Lamb Sale Tuesday 30th July.
Inverell penned 1716 lambs and 1452 grown sheep an extra 1009 head in total. It was a very good lamb offering with good drafts of mid weight lambs. The regular buyers attended for a firm to dearer market. Trade weight restocking lambs sold to a cheaper trend with processors edging restockers out and they found it hard to get a start. The market for those lambs before restockers ceased their competition $142 to $174/head. Trade lambs were solid $142 to $174. Heavy trades to $12/head better. Heavy lambs gained $14/head and the Dorper drafts slightly dearer $135 to $182/head. Lambs more than 30kgs cwt slightly cheaper, selling to $250/head. Dorper hoggets $125/head and cross breds made $120/head. Sheep sold to a mostly cheaper market. Light cross bred ewes $34 to $62/head and medium weights $70 to $96/head. Cross bred ewes were $4/head better and the heavy ewes to $14/head cheaper $55 to $90/head. A pen of Merino wethers made $70/head and meat rams sold to $20/head. Stephen Adams MLA.
ROMA STORE SALE TUESDAY JULY 30
7848 HEAD SOLD YESTERDAY. STORE MARKET WAS FIRM TO DEARER; THE COW MARKET EASED A LITTLE BUT STILL VERY GOOD. YEARLING STEERS C2 SCORE
200 TO 280 KGS SOLD TO 404 TO AVERAGE 383 OR $954 280 TO 330 KGS SOLD TO 414 TO AVERAGE 380 330 TO 400 KGS SOLD TO 404 TO AVERAGE 381 OVER 400 KGS SOLD TO 392 TO AVERAGE 375 GROWN STEERS 400 TO 500 KGS SOLD AT 392 CENTS/KG YEARLING HEIFERS C2 SCORE 200 TO 280 KGS SOLD TO 330 TO AVERAGE 289 280 TO 330 KGS SOLD TO 332 TO AVERAGE 309 330 TO 400 KGS SOLD TO 352 TO AVERAGE 322 OVER 400 KGS SOLD TO 352 TO AVERAGE 323 COWS UNDER 520 KGS D2 COWS SOLD TO 255 TO AVERAGE 209 D3 COWS SOLD TO 298 TO AVERAGE 258 COWS OVER 520 KGS D2 COWS SOLD TO 298 TO AVERAGE 239
D3 COWS SOLD TO 310 TO AVERAGE 279 OR $1643 BULLS OVER 600 KGS SXOLD TO 280 TO AVERAGE 233 OR $2499
THIS IS CHARLES WEYMAN JONES IN ROMA
Restockers coming back into the market ahead of spring
The steer market has taken a jump in the past week as restockers come back into the market with improved confidence ahead of spring.
The Eastern Young Cattle Indicator gained another five cents a kilogram (carcase weight) early this week to sit of 663c/kg.
Forbes Livestock and Agency Company director Tim Mackay said the market kicked up across the board both at the store market last Friday and the prime market on Monday.
He said “We’re starting to get into that 400c/kg to 500c/kg [liveweight] bracket for the good Angus steers and then any of your crossbred steers we’re looking anywhere from 320c/kg to 400c/kg,”
“All of a sudden the cockies are starting to see some grass and they all want to buy a few.”
Mr Mackay said the market was being driven by those restockers coming back and the shortage of supply that generally occurred this time of year, however that was expected to improve going into spring.
Grain sector breathes sigh of relief following glyphosate decision.
The agriculture sector has welcomed the certainty provided by the Federal Court of Australia in handing down its finding that glyphosate used according to label directions is safe to use.
There was a collective sigh of relief from key grain growing organisations, with glyphosate a virtually irreplaceable part of crop rotations, particularly in no-till systems.
While the case did not have a direct impact on labels and permitted usage, a finding glyphosate was carcinogenic would have placed further pressure on the product, which has endured bans in some countries in recent years due to beliefs it was not safe to use.
GrainGrowers chief executive Shona Gawel welcomed the findings handed down by Justice Michael Lee, saying they reinforced the findings of scientific regulators globally, including Australia’s own Australian Pesticides and Veterinary Medicines Authority (APVMA).
WoolPoll: what’s in and what’s out at different levy rates
The voter information pack for the upcoming Wool Poll has been released, detailing what projects would stay and what would go under four different levy rates- 0 per cent, 1pc, 1.5pc and 2pc.
According to the document, AWI has no predicted available reserves as of June 2024, with spends on projects thus tied closely to how much revenue is received via levies.
AWI is obliged to keep enough reserves aside to wind up the company in the event that growers voted for a 0pc levy, with around $15 million held in an innovation fund.
A vote for a 1pc levy and an estimated revenue of $42.9 million would see no new flystrike vaccine research, no Breeding Leadership program, no funding for scientific research in relation to wool’s eco credentials and no methane emissions reduction research.
If growers vote to maintain a 1.5pc levy, leading to a $54.6 million revenue, there would be no sheep classing workshops and no new flystrike vaccine research and the marketing spend would reduce to 55pc focused on China with limited spending in other markets.
An increase to a 2pc levy and subsequent revenue of $66.1 million would still mean some cuts, with the marketing spend dropping back to 70pc of its current level focused on China, Japan, Korea, Europe and America, while there would be some support for wild dog control program
That levy rate would see 100pc of shearer training continue.
Watt out: moved from agriculture in frontbench reshuffle
Murray Watt’s 26-month stint as the nation’s Agriculture Minister is over after the Queensland Senator was shifted to take over the employment and workplace relations portfolio in a late-term frontbench reshuffle announced on Sunday.
Meanwhile, Julie Collins is being shifted from the more high-profile housing and small business portfolios to pick up where Mr Watt left off.
The Tasmanian MP will have to juggle remaining Minister for Small Business but, unlike her predecessor, will not be asked to also be Minister for Emergency Management after the latter was hived off to a new ministry.
Sara Park Angus records solid average as correct type attracts old and new clients
The Duddy family’s Sara Park Angus, on the Pinkett road east of Glen Innes, sold to a top of $37,000 on Friday, with 47 of 49 bulls sold to average $11,950.
A bull with presence in Sara Park Tyson T69 made the best money, going to Fucheng Woodlands at Westmar, Qld.
He will go into a herd of 2000 Angus breeders running across 39,000 hectares of Buffel grass and Bambatsi country.
A separate herd of Wagyu, about 3000 head, work-in with the Angus program to produce first cross progeny.
Lotus Herefords sell to repeat clients and stud breeders
Lotus Hereford stud, Glen Innes, recorded a top of $16,000 during its annual bull sale at Old Farm on the Pinkett Road on Thursday.
Best priced sires sold into new and return clients, for both commercial and stud work.
Of the 41 lots offered, 24 sold to average $8166.
Top priced bull on the day was the powerful Lotus Tariq T214 by Glendan Park Queensland Q135 selling online to new clients Paul and Sally Fry, Strathmore at Collinsville, Qld, who will use him over their grey Brahman cow base.
Aon AgQuip 2024 on track to be biggest in event’s 51-year history
Exhibitor sites are at capacity for Aon AgQuip with more than 2500 businesses to be present over the event’s three days.
Visitors are getting in early to secure their tickets for this year’s Aon AgQuip and exhibitors are making final plans for their sites, with a broad range of activities, attractions, launches and seminars on the schedule for the 2024 event.
Ticket sales have been strong since going on sale earlier this month.
