There has been a steady rise in Queensland cattle yardings since mid-October, with another 27 per cent gain at saleyards last week.
Queensland restocker, feeder, vealer, medium and heavy steers fetched the strongest prices for their categories across the country, so it’s no surprise that producers are bringing forward supply in the Sunshine State.
Higher than average throughput in Queensland and NSW has been offset by lower than average throughput in Victoria and South Australia.
National saleyard cattle prices were relatively subdued, with most indicators not varying beyond a plus or minus 2 per cent swing.
The Eastern Young Cattle Indicator was virtually unchanged at 578.5¢/kg cwt, while the softest national category was heavy steers, off 2.3 per cent to 279¢/kg lwt.