Prices correct at Mount Gambier

Prices correct at Mount Gambier

Markets
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Prices corrected at last Friday’s sale at Mount Gambier.

From the extreme highs paid at Mt Gambier’s May store market, prices corrected at last Friday’s sale where unexpectedly larger yarding of 2583 head were offered for sale.

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The lower demand especially evident over the lighter classes of cattle which were significantly cheaper.

Elders’ David Creek said the steers were equal to anything you could find in Australia for June. “(They were) of extremely good quality and in ideal condition to go into feedlots or for graziers to feed on.”

Mr Creek said this month, the feedlot buyers “blew the graziers out of the water” on heavier cattle.

Heavier Angus steers 400kg plus sold firm on last month’s rates at $3.26 to $3.78/kg. 

TFI bought around 300 steers and 100 heifers, including nine Weeran and Nampara blood Angus steers 15 months av 525kg , for $1710 or $3.26/kg, and a second draft av 508kg at $1715 or $3.38/kg, sold a/c Millanda Estate, Mt Gambier.

Mid weight Angus steers 350-400kg, sold at for $3.51-$3.97/kg; coloured steers in this weight range made $3.26-$3.91/kg.  

Nampara Pastoral Co, Lucindale, went head to head with TFI and buying over 120 heavier steers, including 21 Landfall blood Angus steers 16-18 months av 434kg at $1,57 or $3.62/kg sold a/c G&GJ Glare, Mumbannar.

The 70 cows and calf units made prices firm on recent markets. Good quality heifers sold well but as the quality dropped off.   

James Fitzgerald, Fitzgerald & Co, Hatherleigh, sold 8 Angus steers 10-12 months av 393kg at $1,380 or $3.51/kg to Thomas Foods International.

James Fitzgerald, Fitzgerald & Co, Hatherleigh, sold 8 Angus steers 10-12 months av 393kg at $1,380 or $3.51/kg to Thomas Foods International.

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