Prices for livestock right as rain: weather a boon for region’s cattle producers

SKY HIGH: Bowyer and Livermore selling agent Todd Clements.THE big rain across the region has provided a windfall for livestock producers.
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Numbers at the Central Tablelands Livestock Exchange (CTLX) were down and because of the nature of supply and demand prices went through the roof.

With sodden yards and paddocks, transport operators were pretty much grounded and unable to pick up the sheep and cattle for the journey to CTLX at Carcoar.

Todd Clements from selling agents Bowyer and Livermore was grinning from ear to ear yesterday because of the remarkable returns for his clients.

“We sold one pen of crossbred steers which made 362.4c/kg. With the average weight of the pen coming in at 345kg per beast, that equates to a mighty impressive $1249 per head,” he said.

“In reality, the local cattle market was up about 20 cents a kilo on the previous week. Saying that, because of the widespread rain this was the trend right up and down the eastern seaboard.

“At this stage I would expect the market to hold steady and be very strong for the next six to eight weeks. Anyone who has held off selling stock is in a good position now and the market should pay them back.

“Most producers sold in that February to May period because things were so dry and they were getting worried about the lack of water and having to hand feed over winter.

Mr Clements said the ‬rain was a great late break (wet weather through autumn and early winter because regular frosts stop pasture growth) for producers.

“I am hearing we’ve had falls in the tablelands of 50-70mm, but I know out Oberon way it was more like 100mm and thankfully there’s a bit of water starting to trickle into dams again,” he said.

While cattle prices were buoyant, so too was the sheep market.

“Lambs sold up to $210 each which is just unreal,” Mr Clements said. “That’s as good as it’s been for a very, very long time. Again, it was all about supply and with numbers right down the buyers were fighting for the stock on offer.”

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