PRICES at the VLE Leongatha store sale were at their best with bids following the Wednesday fat sale.
With showers overhead, the Leongatha sale was packed on Thursday with re-stockers and feedlots competing in the strong market.
M&J Elliott of Licola offloaded good quality pens of Angus steers: two at 435kg sold for $1210, 14 at 302kg sold for $930 and 14 at 268kg sold for $870.
SEJ agent Jim Kyle said the sales were going “very well” as demand rose and supply fell.
“Feedlots are keeping the store prices up,” he said.
“Then local people are also trying to restock too.
“There’s value for money in the older cattle, and at their dearest for the younger cattle if you work out the cents to kilos, but sometimes you’ve just got to throw out the calculator and look at the stock the cattle’s coming from – there’s some very good quality local cattle.
“Quality cattle are in demand and short supply.
“Cattle numbers are on the decrease across the state as we approach our more wintry conditions.
“A lot of people already sold their cattle at the fat sales for good prices, so there’s demand now, but we’re basically following the fat sale prices.”
At last Wednesday’s sale top quality vealers topped out at $3.27 per kilogram.
Mr Kyle said he expected prices to remain firm “in the short term”.