EU accredited Angus steers sell to $1179 at Glen Innes

Screen Shot 2016-05-05 at 7.17.27 AMBig lines had buyers excited at the Roma store sale 26 Apr, where quality weaners were hot on everyone’s agenda.

Bevan and Alison Doyle, Tumbar, Jericho, sold 896 Angus and Angus cross cattle as their annual turnoff of their steer portion. The Tumbar steers averaged 309kg and sold for an average of $936 (303c/kg).

Competition was strong and prices held firm at the third Roberts Limited weaner calf sale at Powranna, Tasmania, Thursday 21 Apr.

Angus cattle were best represented throughout the 3001-head penning and with the dry season continuing the numbers penned were greater than first expected.

There was a solid market at the fourth and final Glen Innes weaner sale, with a line-up of 1880 Angus and Angus-cross cattle Friday 29 Apr.

EU accredited cattle were in high demand, with the top price of the sale going to a pen of EU Angus cattle for $1179 a head.

Forecast rain, a fear of missing out on the last of the season’s weaners and the presence of buyers who had been absent from sales in recent times pushed prices up as much as 40 cents on the week prior at Kempsey last Friday.

Numbers increased this week at Tenterfield, with 388 head of mixed quality cattle yarded.  Improved restocker competition saw the trade section meet a stronger market across the yarding of steers, with quality Angus steers returning to the paddock for 346c/kg. The heifer portion to the kill met a cheaper market selling to 275c/kg.

There was a large offering of 2,000 cattle at Leongatha store cattle market Thursday 28 Apr. South Gippsland producers are looking desperately for a large dump of rain to add water to dams, and commence an autumn break. 429 Angus heifers that would normally be fattened and sold to the Coles grass assured program had to go due to dry conditions. This quality line of heifers, mostly 276-318kg, sold to $1105 for an average of $886.