Steer price peaks at 838c/kg amid strong buyer interest at CQLX

Beef Central, 31/03/2022

Brad Mulvihill, TopX Gracemere, with a run of Simbrah cross heifers which made 712c/kg and weighed 297kg to return $2118/head.

A SIMBRAH cross heifer line piqued the interest of buyers from far and wide at the Central Queensland Livestock Exchange Gracemere Prime and Store Sale on Wednesday, where the quality offering was knocked down for 712c/kg.

The 50-head run’s lead pen averaged 297kg and totalled $2118/head for vendor, Schwartz Family Trust, Duaringa.

Brad Mulvihill, TopX Gracemere, described the Duaringa line as exceptional quality and said pre-sale marketing of the offering attracted interest from producers as far south as the Brisbane Valley.

“We have had strong interest from southern buyers looking to buy heifers, opposed to steers, to finish,” Mr Mulvihill said.

However, Central Queensland restockers won out during the bidding action and the pens are heading back to the paddock to become future breeders.

In total, combined agents penned 2498 head of good quality cattle drawn from Clermont, Collinsville, Charters Towers as well as the local area.

The buying panel included the usual line up of feedlot operators and processors, with a few new restockers joining the fold to bid across younger cattle.

Steer prices peaked at 838c/kg in the under 200kg category.

Highlights for weaner steers included a 178kg Brangus pen from Sarina, which reached 826c/kg to return $1470/head.

Calliope vendor, L Neill, made 800c/kg for a 198kg Brangus pen which returned $1588/head.

A 332kg Droughtmaster run from W Baker, Goovigen, hit 622c/kg and returned $2070/head.

In the feeder lines, a 57-head Hillcrest Pastoral, Middlemount, offering made a return of $2315/head when secured for 424c/kg and averaging 548kg.

Heifer prices topped at 745c/kg. A highlight in the heifer market was an Allan Van Itallie, Biloela, 286kg Brahman run which sold for 735c/kg to return $2095/head.

For the cow market, standout sales included an A and R Edgar, Morinish, Droughtmaster cross pen averaging 640kg which made 326c/kg to return $2089/head.

Greg and Linda Ohl, Baralaba, made $2000/head for PTIC Brahman cows, and the price for cows and calves peaked at $3400/head.

Looking ahead, Mr Mulvihill predicted buyer confidence to increase at upcoming sales as the severe weather conditions impacting southern supply chains and producers had eased.


Source: RLX





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