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STA FM Rural News | 06-07-2024

by | Jul 6, 2024 | Rural | 0 comments

Inverell Prime Cattle Sale Tuesday 2nd July

Handy falls of rain over the supply area resulted in a reduced yarding of 520 head.

There were some good quality cattle through the sale, mainly in the weaners and yearling cattle lines.   

The market improved for most classes of cattle with restocker weaner steers selling 10c dearer ranging from 302c to 378/ckg.

Restocker and background yearling steers were 10c 20c dearer selling from 290c to 350c/kg. 

There was only a few pens of heavy feeders steers selling from 298c to 360c/kg. 

Restocker yearling heifers sold from 240c to 272c, and trade heifers toped at 334c/kg. 

Grown steers were in limited supply, steers to process sold to 256c and feeders toped at 320c/kg. 

There was a mixed yarding of cows in a market that was 10c dearer with 4 scores selling from 210c to 223c and 3 score cows averaged 192c/kg.

Restocker cows reached a top of 192c/kg.  The bull market improved by 20c selling to 254c/kg. 

Inverell Sheep & Lamb Sale Tuesday 2nd July.

There was a yarding of 2,134 sheep consisting of 1,219 lambs and 915 mutton. 

Quality of the lambs was good in a stronger market with trade weights selling from $148 to $166 while heavy lambs ranged from $170 to $200. 

Extra heavy lambs reached a top price of $235/head. 

Dorper lambs sold to $225/head. 

The yarding of mutton met keen interest selling from $55 to $120/head.

Reports compiled by Doug Robson MLA

ROMA STORE SALE TUESDAY JULY 2

5208 HEAD SOLD THIS WEEK. QUALITY WEANERS SOLD WELL AND RESTOCKERS WERE THE PROMINENT BUYERS. COWS AND BULLS IMPROVED ON LAST WEEK.

YEARLING STEERS C2 SCORE
200 TO 280 KGS SOLD TO 360 TO AVERAGE 340 OR $868 280 TO 330 KGS SOLD TO 376 TO AVERAGE 346
330 TO 400 KGS SOLD TO 382 TO AVERAGE 349
OVER 400 KGS SOLD TO 328 TO AVERAGE 314                                             

YEARLING HEIFERS C2 SCORE                                                                      
UNDER 200 KGS SOLD TO 300 TO AVERAGE 243 200 TO 280 KGS SOLD TO 322 TO AVERAGE 285 280 TO 330 KGS SOLD TO 310 TO AVERAGE 269 330 TO 400 KGS SOLD TO 324 TO AVERAGE 277                                                                            

COWS UNDER 520 KGS                                                                                          
D2 COWS SOLD TO 210 TO AVERAGE 187 D3 COWS SOLD TO 255 TO AVERAGE 222

COWS OVER 520 KGS
D3 COWS SOLD TO 267 TO AVERAGE 243 OR $1410                                         

BULLS OVER 600 KGS
SOLD TO 263 TO AVERAGE 232 OR $2533  

CHARLES WEYMAN JONES IN ROMA

Live sheep trade ban bill passes Senate, ends industry.

The federal government’s controversial legislation to ban Australia’s live sheep by sea export trade passed the Senate late on Monday night after winning the support of The Greens and crossbenchers.

Labor’s Export Control Amendment (Ending Live Sheep Exports by Sea) Bill 2024, which will end the industry by May 1, 2028, will now be returned to the lower house to be ticked off before passing into law.

The vote took place after dozens of senators spoke on the legislation along party lines, with some raising animal welfare concerns in supporting it and others, in detailing fears of devastation across Western Australia’s rural communities and flow-on impacts through the sheep industry nationwide, speaking against it.

The agri-political lobbying of crossbench Senators had intensified over recent weeks and particularly after a rushed parliamentary advisory report into the proposed laws was released on June 23.

No more cash on the table as live sheep ban anger continues.

The federal government has doubled down on the “inadequate” transition support package being offered up as part of the ban on live sheep exports, even as industry anger over the plan continues.

Following the bill passing through the Senate on Monday night, agriculture minister Murray Watt said there are no plans at this stage to increase the $107 million package being offered up to help industry transition away from exporting live sheep by sea, which he described as a “substantial investment”.

He said that is a lot of money to put on the table to support an industry that has been in decline for 20 years.

Labor crow end live sheep by sea end with truck pic used by activists.

Labor celebrated the demise of Australia’s live sheep trade with a photo taken on the back of a truck, in landlocked central Victoria, 11 years ago.

The image has been used repeatedly by animal activist and advocate groups worldwide since 2013 until this week in materials calling for an end to the live sheep by sea trade.

The post was to announce the “breaking” news that the Albanese Government’s commitment to end live sheep exports by sea is now law”, adding that “live sheep exports by sea have been plummeting for years, along with community support due to serious animal welfare concerns.

Agriculture Minister Murray Watt, one of several prolific social media users in the Albanese ministry, added comment from his personal account that “Labor made this an election commitment and now we’ve delivered

Bull selling season now in full swing with prices in the producer’s favour.

Welcome to another bull selling season as studs across the state gear up to meet a challenging market.

But those with experience in the field say economic conditions favour the buyer, with real value now on offer and the deal may not last for long.

Auctioneer Paul Dooley predicts a positive upswing in demand for sires as the cattle market begins to switch up a gear, largely driven by “insatiable” US demand for lean beef.

He believes we will start to see a dearer market in a month as supply starts to run out.

Super tight beef cash flow puts borrowing capacity under pressure

Cash-strapped beef producers will be relying on the value of their land for borrowing capacity and cost-of-production gains will be critical for profitability this financial year.

This is the word from farm business advisors as the extent of the decrease in livestock prices is added up at tax time.

Government economists believe the lower cattle market will wipe as much as 66 per cent off the farm cash income column for beef producers for the 2023-24 financial year.

They are estimating that drop on a national level will mean the average cash income for specialist beef operations will be $65,000, which is 60pc below the average in real terms for the past decade.

The latest financial performance of livestock farms from the Australian Bureau of Agricultural and Resource Economics and Sciences does, however, make the point that increased turnoff has helped moderate the decreases in cash incom

New day for Department but concerns linger.

Monday marked the first of the NSW Department of Primary Industries and Regional Development, formerly the Department of Regional NSW and there are some who are concerned about its future.

It was announced in April that the NSW Department of Primary Industries (DPI) would move from being its own business unit to falling under an over-arching department after recommendations from the government’s functional review.

A spokesperson for the Department of Primary Industries and Regional Development said it would be led by a realigned executive structure.

Leader of the NSW Nationals Dugald Saunders said he feared the DPI would be less effective as a business stream.

Mr Saunders says – because it’s not its own business unit now, which I think is a real shame, as it probably won’t have the same recognition or impact as it should have.

Strong outlook for pulses across the state.

Growers across the state are seeing the benefits of growing pulses both as a cash crop and to produce natural nitrogen for their soils.

Seasonal conditions, the need for a rotational break and a competitive market have all factored in to see a resurgence in pulse sowing programs this year and whether it pays off remains to be seen, but growers are quietly confident.

McGregor Gourlay agronomist David Landers from Warialda said pulses in the area are also enjoying a very good start to the season although the chickpeas have been a bit slow to get away.

He says the earlier faba beans are doing well, but all the chickpeas around my neck of the woods are slow and only just out of the ground

Mr Landers said there has been a large increase in the amount of chickpeas sown this year while faba beans are on par with recent years with a few people growing them each year as part of their rotation, but they’re not a big massive crop.

Generous ‘Gravo’ digs deep for kids

There’s no doubt fundraising is a forte of the small but mighty Gravesend Public School community, with its powerhouse Parents and Citizens’ committee rallying 170 attendees to raise a whopping $34,000 at this year’s 100-Mile-Long Lunch event.

Punching well above its weight, the school of just 23 students didn’t let its little size get in the way of a big dream to raise enough money to hit the road to Canberra for the excursion of a lifetime and boost support for the education of local children.

The ‘Gravo’ school bus will head to the nation’s capital later this year, exposing the rural kids to a raft of new learning experiences.

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