Inverell Prime Cattle Sale Tuesday 9th July
Numbers more than doubled for a yarding of 1078 head, consisting of a good supply of yearlings and increased number of weaner steers and heifers, while there was a good offering of cows.
There was a good quality penning of young cattle with the largest percentage of steers and heifers well-presented and well-bred cattle.
There was a larger contingent of buyers present and operating, keen to acquire cattle, in a quality driven market.
As a result, restocker weaner steers were 20c dearer selling from 320c to 404c for an average of 367c, while restocker weaner heifers sold from 238c to 303c/kg.
Light restocker and background yearling steers gained 20c to 30c selling from 270c to 394c/kg.
Feeder steers were firm to 10c dearer depending on weight and breed quality, most ranged from 296c to 362c/kg.
Feeder heifers were 10c to 20c dearer selling from 262c to 324c/kg.
The yarding of export cattle was made up mainly of cows along with a small penning of grown steers, while there were a few lines of grown heifers.
Grown steers were up to 20c dearer selling to a top of 284c to process and 330c/kg to feeders.
Grown heifers made similar gains with heifers to process selling to 290c and feeders toped at 300c/kg.
There was a good run of well finished heavy cows which met very keen demand to be 50c dearer, with 4 scores selling from 258c to 282c/kg.
Restocker cows sold to 282c/kg. Report compiled by Doug Robson
ROMA STORE SALE TUESDAY JULY 9
6530 HEAD SOLD YESTERDAY. A QUALITY LINE UP CATTLE SELLING TO DEARER TRENDS WITH BACKGROUNDERS DOMINATING THE STEER PORTION.
YEARLING STEERS C2 SCORE 200 TO 280 KGS SOLD TO 408 TO AVERAGE 364 OR $934280 TO 330 KGS SOLD TO 388 TO AVERAGE 362
330 TO 400 KGS SOLD TO 364 TO AVERAGE 350
OVER 400 KGS SOLD TO 356 TO AVERAGE 340 YEARLING HEIFERS C2 SCORE 200 TO 280 KGS SOLD TO 292 TO AVERAGE 270 280 TO 330 KGS SOLD TO 286 TO AVERAGE 271 330 TO 400 KGS SOLD TO 320 TO AVERAGE 281 OVER 400 KGS SOLD TO 314 TO AVERAGE 297 COWS UNDER 520 KGS D2 COWS SOLD TO 211 TO AVERAGE 175 D3 COWS SOLD TO 255 TO AVERAGE 234 COWS OVER 520 KGS D3 COWS SOLD TO 259 TO AVERAGE 211
D4 COWS SOLD TO 300 TO AVERAGE 262 OR $1544
BULLS OVER 600 KGS SOLD TO 272 TO AVERAGE 252 OR $2731
THIS IS CHARLES WEYMAN JONES IN ROMA.
Labor to begin major round of Murray-Darling Basin buybacks in mid-July
The federal government is preparing to again enter the water market with hundreds of millions of dollars set aside to purchase 70 gigalitres of water from irrigators in the southern Murray-Darling Basin.
Labor announced in a statement that it will go to tender in the week beginning on July 15 but did not disclose exactly how much it believed it would cost to reach the target.
It also didn’t disclose how much water would come from irrigators, particularly private diverters, in each state or catchment in the southern basin, however the vast majority will need to come from the upper, mid and lower Murray catchments, the lower part of the Murrumbidgee catchment and the Ovens catchment in Victoria.
ACM Agri has previously reported that $613.4 could be spent I the coming financial year on a mix of voluntary water buybacks, water-saving infrastructure and constraints to help meet the government’s 2024-25 target of returning 100GL.
Promising season sees weaner cattle fetch dearer prices at Dubbo store sale
With a promising spring on the horizon, weaner cattle attracted strong buyer competition at the recent monthly Dubbo store cattle sale
Weaner steers made up the bulk of the 1130 head yarding with buyers from Coonamble, Trangie, Binnaway, Cummnock, Scone, Bathurst and the local area in attendance.
Peter Milling and Company agent Danny Tink, Dubbo said, It has been one of the better autumn seasons the Central West region has seen for quite a while.
He said lightweight steers made up the majority of the market, and overall they sold to dearer prices.
Weaner steers less than 200 kilograms sold from $400 to $740 a head, while those from 200kg to 280kg attracted bids from $550 to $109
Mild conditions permit oat crops to go to head early and quality declines
McGregor Gourlay agronomist Alice Jorgensen, Inverell, said a promising start to the season resulted in large areas of early-sown oats in the Inverell, Warialda, and surrounding districts.
MS Jorgensen said with such a good start to the season, the crops raced away.
She says there were crops in the ground by mid-February, which is unusual in our area and graziers who couldn’t get the mouths on their crops and benevolent weather would have seen crops advance to a reproductive stage faster than usual.
Maximise legume growth with perennial grasses
Successfully growing winter legumes with tropical grasses, including introduced species like premier digit as well as with perennial native grass, is an important part of any property grazing business.
Winter legumes that grow well are important for quality winter feed as well as for building soil nitrogen for the grass component.
Legume pasture growth will vary considerably from season to season, being almost zero in dry winter spring years, to over eight tonnes per hectare (dry matter basis) in a good year.
Especially important is choice of species as well as management to ensure they persist over a run of poor years to be productive in good years.
Cash-strapped beef producers can get a leg-up securing finance to restock
Investments made on-farm during good times are typically holding beef producers in good stead during this period of tight cash, agri-lenders say.
However, they have offered up one area for producers to home in on for a leg-up when it comes to securing finance for restocking in the current environment.
Big agr-ilenders Rabobank and ANZ Agribusiness say that while beef producers are currently in a tight cash position, it is ‘business as usual’ from a lender’s perspective.
Rabobank’s group executive for Country Banking Australia, Marcel van Doremaele, said market movements were considered a normal part of the agricultural cycle and Rabobank took a long-term approach and outlook on both sectors as a whole and on clients’ businesses.
Toyota announces end of the line for V8 power in Land Cruiser 70 series
Toyota is bidding farewell to the V8 that has powered the Land Cruiser 70 Series since 2007 and introducing a five-speed manual gearbox for most four-cylinder variants.
Order-taking for the 1VD-FTV 4.5-litre turbo-diesel engine has been paused for almost two years and will not be reopened.
Since its 1985 introduction, Australians have bought 346,742 cars in the 70 Series with almost half – 171,010 vehicles – powered by the V8 introduced in 2007.
