Smaller sale numbers haven’t crippled Roma market
THE numbers may not have shown it, but there’s been strong consistency at the Roma Saleyards thanks to the recent cold snap in the Maranoa.
GDL agent Nick Shorten said the market was still holding up despite the smaller yarding earlier this week, where numbers peaked at only 1374 cattle, far lower than previous number drop to 2507.
Roma Saleyards average roughly 5000 head of cattle for every Tuesday Store Sale.
“The market has held up very strong on feeder cattle, and there’s a lot of weaners going back to the paddock,” Mr Shorten said.
“The rain has impacted numbers, as people aren’t able to get cattle out due to wet roads, but everyone is still getting a bit of rain.”
Mr Shorten explained that smaller sales allow buyers more competition to fill their trucks, but said there needed to be a consistent number to attract vendors in the long run.
“At small sales, there tends to be a lot of competition with buyers and prices go up, but if they’re too small then no one will come,” he said.
“There needs to be consistent numbers to keep the competition up and attract buyers.
“Buyers have been able to consistently purchase cattle knowing what the top end will be, so the last three months have been good across all boards.
“At this rate, we should be in shape for spring with the rain keeping the ground wet, and a bit of warmth will grow some feed.”
Prices are expected to remain consistent as the winter months continue, with cooler temperatures and rainfall predicted for the July/August season.