Pakenham beef cattle prices ease amid annual Gippsland Gippsland market

Agents yarded 2403 cattle at the fortnightly store market where several feature vendor-bred consignments drew the attention of the buying gallery.

The easing of store cattle rates follows a significant correction in prime cattle prices, with reports that beef prices fell in some cases by as much as 50-60 cents a kilogram earlier in the week.

Among the feature lines at Pakenham was an annual consignment of 102 Angus and Black Baldy steers, 10-11 months, offered by Clondrisse Pastoral Co, Flinders.

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The Table Top Angus-blood steers included a pen of 22, 432 kilograms, which made $2130 or 493c/kg, 21 steers 434kg, for $2070 or 476c/kg and 21 steers, 400kg, for $2070 or 517c/kg.

The Unthank family of Ingle Park, Tuerong, sold 100 Angus steers and heifers, Table Top-blood, February and March 2022-drop, including 26 steers, 372kg, for $1940 or 521c/kg and 20 steers, 345kg, for $1800 or 521c/kg.

The same vendor also sold 22 heifers, 344kg, for $1360 or 395c/kg and 18 heifers, 322kg, for $1200 or 372c/kg.

In the Euro section of the sale, Robinson and Hasthorpe, Tanjil South, sold 100 Charolais/Angus-cross mixed-sex calves, 10 months, including 23 steers, 358kg, for $1660 or 463c/kg and 25 steers, 331kg, for $1500 or 453c/kg.

The same vendor also sold 25 heifers, 331kg, for $1440 or 435c/kg and 25 heifers, 302kg, for $1360 or 450c/kg.

The three consignments were offered by Pakenham agency Everitt, Seeley & Bennetts as part of its annual feature weaner sale.

ESB director Jarrod Bennetts prices for well-bred beef steers were firm, but smaller lots and secondary cattle both shed $300-$400, and more in places.

"Grown cattle in the heavy feedlot weights, 500-550kg, sold very well and were up to 460c/kg for some very good steers," he said.

"We also saw strong competition on the vendor-bred calves with repeat buyers buying those once again, and sold above expectations.

"Once you got off the good lines of cattle, the depth wasn't there and it was tough going."

Mr Bennetts said a key driver of the softer market was a decline in prime cattle prices.

"You have less enthusiasm from cattle buyers to put those smaller lots out, people are chasing the better, well-bred lines," he said.

"Most of the cattle were bought by grass fatteners with some of the younger cattle bought by backgrounders, while feedlotters were pretty quiet."

Pepperhill Trading Co, Willow Grove, sold 90 Angus, Black Baldy and Hereford steers, nine to 10 months, including 15 steers, 368kg, for $1540 or 418c/kg, 20 steers, 301kg, for $1400 or 465c/kg and 13 steers, 288kg, for $1410 or 489c/kg.

Among the visitors to the sale was Table Top Angus stud principals Tim and Jessica Scott, Table Top, NSW, who made the journey south to support a number of their clients.

About 300 cattle sold during the sale featured the bloodline.

The sale started with two pens of cattle consigned by Glen Alvie, Catani, including 18 steers, 585kg, for $2300 or 391c/kg and nine steers, 549kg, for $2320 or 422c/kg.

The same vendor also sold 20 steers, 410kg, for $1860 or 453c/kg and 11 steers, 420kg, for $1940 or 461c/kg.

D Guest Jnr, Woodleigh, sold a consignment of several pens of steers including eight steers, 586kg, for $2360 or 402c/kg, 15 steers, 555kg, for $2460 or 443c/kg and 17 steers, 528kg, for $2340 or 443c/kg.

Melbourne Polytechnic, Yan Yean, sold 18 steers, 414kg, for $1800 or 434c/kg and 18 steers, 369kg, for $1660 or 449c/kg as well as 19 heifers, 350kg, for $1250 or 357c/kg.

R & J King T/A Cliberos sold 20 steers, February and March 2022-drop, 388kg, for $1880 or 484c/kg and 26 heifers, 356kg, for $1200 or 337c/kg.

M & L Lizza, Lysterfield, sold 23 steers, 368kg, for $1820 or 494c/kg and 17 heifers, 321kg, for $1230.

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Cruden Farm, Langwarrin, sold 11 steers, 370kg, for $1800 or 486c/kg.

Syme on Yarra, Seville, sold 21 steers, 363kg, for $1820 or 501c/kg and 10 steers, 332kg, for $1400 or 421c/kg.

Noojee Holdings, Wool Wool, sold 24 steers, 372kg, for $1720 or 462c/kg and 24 steers, 340kg, for $1770 or 520c/kg.

M Osbourne, Heath Hill, sold 25 steers, 378kg, for $1800 or 476c/kg and 13 heifers, 355kg, for $1320.

A & J Allan, Poowong East, sold 14 steers, 394kg, for $1900 or 482c/kg.

Bill Cleeland, Pastoral Cove, Phillip Island, sold 29 steers, 361kg, for $1660.

Gisbourne Park, Gisbourne, sold 20 steers, 370kg, for $1830 or 494c/kg.

The same vendor also sold 18 heifers, 316kg, for $1310 or 414c/kg and 12 heifers, 287kg, for $1130 or 393c/kg.

P Miller sold 15 Charolais/Angus-cross steers, 454kg, for $1720 or 378c/kg and 13 steers, 402kg, for $1680 or 417c/kg as well as 17 heifers, 404kg, for $1420 or 351c/kg.

Silverbrae Charolais, Outtrim, sold 25 steers, 363kg, for $1760 or 484c/kg and 16 heifers, 340kg, for $1530 or 450c/kg.