Rain fills some more gaps, drives EYCI 16c higher for week

Beef Central, 21/02/2014

Further storms in the past 24 hours have helped to reach some of the gaps missed earlier in the week, contributing to one of the best rain events for several areas in more than two years.

The rain has had an immediate impact on cattle supply and on short-term prices, with national saleyard throughput dropping 29pc for the week to date, and the Eastern Young Cattle Indicator rising 16c to 303.75c/kg.

Nationally, heavy steers were up 4c to 314c/kg cwt and medium cows lifted 11c, to 249c/kg cwt.

In central Queensland flooding rains hit Alpha and Jochmus with 160mm and 147mm in under 24 hours respectively. This was their heaviest rain in six years, leading to localised flooding.

Further south, Roma and St George both had their wettest days in two years with just over 50mm by 9am yesterday.

In the 24 hours to 9am this morning rainfall was far less widespread, with some of the heavier falls including 65mm at Greenvale, 32mm at Alpha, 73mm at Barcaldine, 37mm at Blackall, 35mm at Muttaburra, 18mm at Augathella 13mm at Injune, 12mm at Mitchell,

Hopes are now turning to follow up rain to consolidate the value of this week’s rain.

A low pressure trough stretching from the Gulf Country to the Darling Downs which brought the rain is expected to deliver more rain in Queensland’s Central West today as it slowly edges west.

Forecasters say areas of rain and storms will gradually contract towards the state's northwest into the weekend.


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