Cattle prices pick up on the promise of rain
AN UPTICK in cattle prices following rain out west has fed into the South Burnett store market, with vendors leaving a special Coolabunia sale with buoyant pay cheques.
Murray Lord from Dangore Mountain topped a respectable 3.87c/kg for his charolais cross steers.
He said a 30c rise at the Roma sale yards earlier in the week prompted him to offload part of his herd.
"They were weaned in early June and then tailed out and they're nice quiet steers for someone to take on,” Mr Lord said.
"We have received more cents per kilo for our steers earlier in the year but going on current trends I'm exceptionally happy.
"They should come back at $1000 a head.”
With paddocks across Queensland looking lush after October rain, farmers are keen to re-stock, pushing prices up.
The word around the cattle yards is we're in for average summer rainfalls.
In Mr Lord's opinion, average is good.
"It's nice when they talk about an above average wet season but as long as you get your average season over summer it's generally a pretty fair season,” he said.
"Everything hinges on the rain, people are holding on to the fattening age cattle to put a bit more finish on them and I think that's the biggest reason why there's a shortage of the slaughter cattle.”
Big falls out west mean buyers are travelling far and wide to make up a load of cattle.
This means even if we have below average rain in the South Burnett there will be enough moisture across the state to keep farmers smiling through Christmas.
"Someone's got grass somewhere, or at least they have more than me,” Mr Lord said.
"Whether it's raining here or not, the industry as a whole benefits.”