Markets

Roma, Dalby, Emerald sales all post records in wake of big weather shift

Beef Central, 16/06/2016

PRICE records for feeders, young cattle and even eight-tooth bullocks continued to fall at saleyards across Queensland this week, in the wake of last week’s rain event and prospects of more moisture over the weekend.

Heavy feeder steers set a new record of 360c/kg at Roma store sale on Tuesday, while heavier yearling steers to feed also set a new Dalby sale record on Wednesday. Even a consignment of full-mouth (eight-tooth) bullocks from Birdsville sold to a category record price of 320.2c/kg at Dalby sale yesterday.

Today’s Emerald sale followed suit, with quality weaner steers topping the market at record levels. A new Emerald saleyard record was set when weaner steers hit a top of 406.2c/kg.

The post-rain market surge has seen the Eastern Young Cattle Indicator rise further today, reaching a new record high of 619.25c – up 3.5c on Wednesday and 23.25c on a week ago.

This pen of Simmental/Braford/Santa x weaner steers set a new Emerald yards record of 406.2c/kg.

This pen of Simmental/Braford/Santa x weaner steers set a new Emerald yards record of 406.2c/kg.

Two consignments of quality weaner steers were the highlight of this morning’s Emerald sale, with buyers from all over Central Queensland displaying strong competition, selling agent Brock Palmer from Michael Maguire and Co said.

“It was an extremely strong result, by any standards,” he said.

This pen of Droughtmaster cross steers, from George, Marie and Steve Saunders of Medway Park, Bogantungan made 359.2c/kg or $1034/head.

This pen of Droughtmaster cross steers from Medway Park, Bogantungan made 359.2c/kg or $1034/head at Emerald this morning.

Among the highlights, Alan & Julie Hay from Blairgowrie, Jericho, sold a quality draft of 106 Simmental/Braford/Santa x weaner steers to top the sale and set the new yards record of 406.2c/kg. The draft, averaging 227kg, averaged 393c/kg.  The lead pen of Simmental x steers weighing 288kg sold for $1122/head.

Other vendors enjoying a memorable sale included George, Marie and Steve Saunders of Medway Park, Bogantungan, who sold a quality draft of 138 Charolais / Droughtmaster / Brahman cross weaner steers to a top at 369.2c/kg. The draft, averaging 260kg, averaged 359.2c/kg, with the lead pen of Droughtmaster cross steers, 288kg, making 359.2c/kg or $1034/head.

Both drafts of steers sold to repeat buyers from the local area, showcasing their strong reputation for performance.

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