Fewer cattle and high demand at saleyards
SMALLER numbers at the Roma Saleyards have once again pushed up the prices this week.
Ray White agent Robert Wildermuth was at Tuesday's store sale and said he was happy with his clients' results.
"The market is very strong at the moment,” Mr Wildermuth said.
"This time of year generally the numbers drop off from here right now until Christmas.”
The smaller numbers mean there is more demand for the cattle, especially from the meatworks, according to Mr Wildermuth.
"The meatworks and the processors are all chasing cattle so that end of the job is looking really good,” he said.
"The contracts for the feedlots are really good at the moment, even today the feed-lotters are paying very good rates for the heavy steers to go in to feed.
"We've got cattle here today from a bloke from Mt Isa, some steers from McKinlay, there's good cattle coming from all over the place and a lot of good local cattle as well.”
Mr Wildermuth said the high prices meant that sellers could afford to be more selective with when they go to market.
"At the moment they probably don't need to sell as many to meet their commitments,” he said.