Inverell Cattle Sale Tuesday 27th August.
Inverell penned 1170 good quality cattle a minimum rise of 163 head.
There was an increase in weight for all categories and although there was a return of a major cow buyer those buyers were in limited numbers.
Notwithstanding the cow market was very buoyant.
Backgrounder and feeder competition was strong.
Weaner steers dropped 20c/kg while heifer demand was strong to an increase of 10c/kg.
Light yearling steers lifted 21c/kg to background
A negative quality correction through drafts of the medium feeder steers saw a slip of 6c/kg selling 286c to 406c/kg.
Heavy yearling steers to feed on saw a lift of 10c/kg.
Light background heifers gained 9c/kg while light heifers to feed were 23c/kg better. Medium weight feeder heifers dearer by 9c/kg to top at 355c/kg and heavy feeders were up 22c/kg and averaged 356c/kg.
Grown steers to process sold to 354c/kg with processor heifers averaging 316c/kg and slightly dearer.
Medium cows lifted 19c/kg heavy cows gained 12/kg to top at 328c/kg.
Bulls resulted in a significant rise of 17c/kg making 274c to 312c/kg.
Stephen Adams MLA
Inverell Sheep & Lamb Sale Tuesday 27th August.
Inverell penned 3021 lambs and 801 grown sheep an addition of 654 on last sale.
Limited competition from interstate restockers although a small number headed South of the border.
Processors settled for the most part.
Heavy lambs formed much of the competition with similar cents per kilo in the equation but an increase in carcass weight.
Light processors lambs to $23/head dearer selling to $179/head.
Trade cross bred lambs $148 to $178 /head slightly dearer while the Dorper drafts were cheaper.
As weight increased so did market trends.
Merino lambs to $26/head better with cross bred categories lifting $3/head $202 to $226/head these lambs in the 26 to 30kg cwt bracket.
Lambs in excess of 30kgs cwt topped at $290/head and $18/head dearer.
Heavy hoggets were cheaper selling $112 to $115/head.
Heavy Dorper ewes lifted to make $115/head.
Similarly cross bred ewes lifted $3/head and sold to $112/head.
Stephen Adams MLA
ROMA STORE CATTLE SALE TUESDAY AUGUST 27
5900 HEAD SOLD YESTERDAY.
A QUALITY LINE OF CATTLE SELLING STRONGLY
YEARLING STEERS C2 SCORE
200 TO 280 KGS SOLD TO 434 TO AVERAGE 395 OR $1011
280 TO 330 KGS SOLD TO 434 TO AVERAGE 371
330 TO 400 KGS SOLD TO 410 TO AVERAGE 383
OVER 400 KGS SOLD TO 396 TO AVERAGE 384
YEARLING HEIFERS C2 SCORE
200 TO 280 KGS SOLD TO 344 TO AVERAGE 312
280 TO 330 KGS SOLD TO 350 TO AVERAGE 307
330 TO 400 KGS SOLD TO 330 TO AVERAGE 318
OVER 400 KGS SOLD TO 338 TO AVERAGE 308
COWS UNDER 520 KGS
D2 COWS SOLD TO 280 TO AVERAGE 234
COWS OVER 520 KGS
D3 COWS SOLD TO 284 TO AVERAGE 256
D4 COWS SOLD TO 327 TO AVERAGE 302 OR $1898
BULLS OVER 600 KGS SOLD TO 295 TO AVERAGE 266 OR $2860
THIS IS CHARLES WEYMAN JONES IN ROMA.
And some news items from The Land & QCL
Export demand lifts cow prices as seasonal opportunity limits supply.
The cow market continues its firm trajectory with strong demand for expert grinding beef driving processor bids at the prime sales.
Meanwhile, timely rain in the south and wet paddocks in the north have encouraged producers to hang onto their stock.
Numbers dropped sharply at Wagga Wagga on Monday with 391 cows yarded, compared to 489 head the week prior.
Best conditioned prime cows weighing more than 520 kilograms averaged 349 cents a kilogram or $2259, up 13c/kg from last week, and reached a top bid among strong competition of 359c/lkg or $2710.
Light two score cows below 400kg averaged 242c/kg or $937, highlighting the premium currently being paid at the processing end for those in prime condition.
Cattle on feed numbers set yet another record:
Cattle numbers on feed have set yet another record, with the latest quarterly figures showing they now exceed 1.4 million head.
Capacity has broken the 1.6m mark for the first time.
Talk is widespread about the expansion plans of both the big lot feeding outfits and the smaller family-owned operators, so the question now is just how big can the feedlot sector become in Australia.
Beef industry stalwart Don Mackay, who has seen the ebbs and flows of feed lotting over more than three decades in roles including managing director of Rangers Valley and Australian Agriculture Company, said the real indicator of the current strength in the sector was the expansion happening on the ground.
He believes there is a lot of growth in the sector still to come and that many more records will be set for numbers on feed.
Pastures are roaring and cattle prices hit new peaks; Get set for spring
New peaks for 2024 have been reached across a number of cattle market categories and with pastures roaring ahead in many parts of NSW and throughout central Queensland, sentiment around the rails is very optimistic.
The Eastern Young Cattle Indicator today is at 678 cents a kilogram carcase weight, the highest it has been since February and up 174c on the same time last year.
The National Young Cattle Indicator hit 357c/kg liveweight at the end of last week, just above its previous high in February.
Meat & Livestock Australia senior market information analyst Erin Lukey said a large portion of NYCI supply was coming through NSW online sales. That overtook both Roma saleyard and Queensland online sales, reflecting a slowdown in Queensland supply.
Farmers poised for a big spring boost, with pasture, crops shaping up well
The mid-winter break has sprouted confidence among farmers, with the promise of a good spring driving interest in new equipment amid an otherwise generally cautious mood.
Commonwealth Bank’s general manager for NSW regional business banking, Vanessa Nolan-Woods, said the rain had made a huge difference.
She said two months ago when I was out in regional NSW, there was concern about the lack of rain in some areas,
But she said she was no longer hearing this, suggesting a turnaround.
Ms Nolan-Woods said “We’ve had a good 12 months in our client base”.
Fox and Lillie Rural opens new 1920 square metre wool store in Tamworth
Independent wool brokers Fox and Lillie Rural hosted the official opening of their new Tamworth Wool Store on Thursday, with the commissioning of a 1920-square-metre shed located in the recently developed Global Gateway Park.
More than 65 woolgrowers and industry representatives attended the opening, with honorary guest speaker John Anderson AC, the Former Deputy Prime Minister of Australia, declaring the wool store ‘officially open’.”
Fox and Lillie has a strong history in the New England district and a solid presence through its wool stores in Uralla and Inverell.
The new wool store is managed by David Hallam and Bill Northey and Warwick Richards.
The Question is being asked – How to solve 40m tonne grain freight riddle
Getting the most out of scant resources to get the best out of the grain transport supply chain has been an ongoing challenge for the sector over recent years.
This pressure on the supply chain has been exacerbated as the industry consolidates efficiency gains made over the past two decades and national grain production averages creep up.
An ailing rail network, over-reliance on road freight and a siloed, often state-based approach to freight rather than looking at national grain flows have all created issues which end up creating inefficiencies that cost the industry billions of dollars each year.
NSW pig hunters leading the way on volunteer feral pig destruction campaign
NSW pig hunters could be removing more than 38,600 feral pigs weekly from the agricultural and natural environment, according to an updated study by the Australian Pig Doggers and Hunters Association.
APDHA national president Ned Makim, Inverell, said the estimate was the latest in an ongoing research project that aims to quantify the contribution of the pig hunting community as pig numbers grow significantly across the state.
The new estimate is more than three times the 11,000 weekly estimates released about two years ago and follows a significant upgrade to the scope and style of research undertaken by the APDHA.
Mr Makim said the initial ‘Keeping Count’ report suggested that as many as 600,000 pigs are killed annually in NSW by pig hunters. However, the number trebled once data from this year’s The Great Australian Pig Hunt project was analysed.
He said this year, the data suggests pig hunters have killed at least 1,176,474 pigs from January 1 until July 31, a figure that marks the significant expansion of our research and the vast number of pigs in the NSW landscape