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STA FM Rural News | 10-08-2024

by | Aug 10, 2024 | Rural | 0 comments

Inverell Cattle Sale Tuesday 6th August.

1650 head + 550

Light well bred yearling steers attracted strong demand reaching a top price of 426c/kg in a yarding of 1,650 head.

The yarding consisted of a large percentage of yearlings, and a good penning of cows.

Quality of the young cattle was good with several runs of well bred steers and heifers that were off crop.

However, there was also some plain cattle through the sale.

Competition was strong with restockers and backgrounders keen to acquire suitable cattle, resulting in light restocker yearling steers selling from 300c to 426c/kg.

Feeder buyers were also active in the market paying from 308c to 388c for the steers and feeder heifers ranged from 308c to 340c/kg.

The yarding of export cattle consisted of a few pens of grown steers and there were some good runs of grown heifers, while cows were well supplied with a large number of heavy cows off crop, and there was also some plain conditioned cows through the sale.

The market held firm with 2 score cows selling from 200c to 275c, 3 score cows averaged 280c and 4 score cows ranged from 291c to 318c/kg.

There was a good yarding of bulls with the top priced heavy bull reaching 350c/kg. 

 Report compiled by Doug Robson.

ROMA STORE SALE TUESDAY AUGUST 6                                                    
11189 HEAD SOLD YESTERDAY. ALL BUYERS WERE PRESENT AND THE MARKET HELD FIRM.

YEARLING STEERS C2 SCORE
200 TO 280 KGS SOLD TO 414 TO AVERAGE 381 OR $952 280 TO 330 KGS SOLD TO 412 TO AVERAGE 380
330 TO 400 KGS SOLD TO 400 TO AVERAGE 374
OVER 400 KGS SOLD TO 398 TO AVERAGE 365

YEARLING HEIFERS C2 SCORE   
200 TO 280 KGS SOLD TO 330 TO AVERAGE 294 280 TO 330 KGS SOLD TO 352 TO AVERAGE 317 330 TO 400 KGS SOLD TO 344 TO AVERAGE 280 OVER 400 KGS SOLD TO 344 TO AVERAGE 297

COWS UNDER 520 KGS
D2 COWS SOLD TO 258 TO AVERAGE 232 D3 COWS SOLD TO 290 TO AVERAGE 263  

COWS OVER 520 KGS
D3 COWS SOLD TO 256 TO AVERAGE 232
D4 COWS SOLD TO 312 TO AVERAGE 280 OR $1629                                           

BULLS OVER 600 KGS                                                                                               
SOLD TO 272 TO AVERAGE 244 OR $2662

CHARLES WEYMAN JONES IN ROMA

Here’s the news farmers trust – and it’s not on TV or social media.

Farmers are more likely to seek out information or advice from agricultural news publications and websites ahead of checking with their accountant, bank or farm industry groups.

In fact, banks rated poorest among the 10 information sources chosen by respondents to the latest snapshot of Australian farmers’ media consumption habits and the information sources they trust.

When it comes to finding out what they need to know, broadacre producers appear most likely to trust practical advice from other farmers first.

Then they turn to farm consultants, input suppliers and agricultural news publishers.

The feedback from broadacre farm owners and farm managers was among the latest findings from the long-running Quantitative Agricultural Research Survey.

While only 19 per cent of respondents were likely to put banks as a top source for advice about their farm operations, government agricultural departments also scored relatively poorly, at just 27pc – well down from their much relied-on advisory status of a generation ago.

China stockpiles beef even as retail prices tank: Preparation for Trump?

Chinese demand remains the inscrutable force for Australian beef exports and will likely give Trump a run for his money in terms of being unpredictable in 2024.

Wholesale beef prices in China have tanked, with retail in hot pursuit, and there is widespread commentary about consumer confidence being at a very low point.

However, January-to-June total beef imports to China are at a whopping 1.4 million megatonnes, up 17 per cent year-on-year, according to Chinese customs.

Commonwealth Bank Agriculture economist Dennis Voznesenski described the market as an enigma.

He suggests the rise in imports despite seemingly lacklust domestic demand may be indicative of government stockpiling as a safeguard to trade uncertainty in advance of a possible Trump re-election in the United States.

A tussle of market forces leads to propped-up prices for old season lamb

A shortage of prime lamb late in the season and strong processor demand, particularly from Victoria, are factors propping market prices.

Prices were below those paid at their peak a fortnight earlier at Wagga Wagga last Thursday, while they remained firm at Dubbo and dearer at Tamworth early this week.

At the same time yarding’s have been large, with 45,0000 to 50,000 head at every sale.

Graham Anderson, Peter Milling and Company at Dubbo said it was not unusual at this time of year for lambs to cut their teeth and become hoggets.

“Producers have no option but to sell,” he said. “Normally prices would be cheaper as a result.

“It is the shortage of prime slaughter stock in Victoria that is driving this demand.”

Compared to last year at this time, lamb bids have nearly doubled, from a $92 average paid at Dubbo in July 2023 compared to $175 last month. Mutton has climbed from $63 to $105 in the same time period.

JB

Best run into spring for more than 13 years

Can too much of a good thing be too much?

Farmers spent last year praying for in-crop rain but maybe they were too effective as soil moisture profiles are now overflowing after recent rainfall.

While no one will ever say rain is a bad thing, some paddocks in the state’s central west and north west part of the state are waterlogged, compared their counterparts in the south that had a dry start to the season.

Others in those ‘wet’ regions say the rain has set them up for spring saying it’s the “best start” in more than a decade.

Elders Dubbo agronomist Josh Driver said we haven’t seen a good run into spring like this since 2011,

“Crops aren’t looking too bad in the central west to Narromine while the heavier country around Collie and Warren is holding more moisture with above average rainfall.”

Nutrien Ag Solution’s Narrabri agronomist, Dylan Verrier, said the region now had a full moisture profile after significant falls on Monday evening.

He said the biggest problem we’re facing is getting on the country to get on top of the weeds – It’s getting pretty woolly in some places.

An outback paramedic took his smoked meat hobby into catering

What began as a hobby for a Lightning Ridge paramedic has morphed into a busy catering business that services the surrounding towns.

Mitch McCabe, of Smokin’ M BBQ, said he started barbecuing and smoking meat a few years ago with the initial aim of getting into cooking competitions.

Mr McCabe said he honed his skills watching YouTube channels by American meat smokers and began to receive requests to cater at parties.

Demand grew to the point that he and his wife, Mel, had to make the decision whether it was a hobby that could be pursued further.

He said – We thought, stuff it, we’ll go all in

That was about three years ago, when the family ordered a custom-made Bullock heads Creek smoker from Brisbane.

Mr McCabe said they were now able to cater at private events for more than 300 people.

His work as a paramedic meant it simply wasn’t possible to attend every function and demand had continued to grow.

He says Because he works every second weekend it’s hard to fit everyone in and we do have to turn people away unfortunately.

“But we try to do as many as we can.”

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