SPRING, just around the corner, put a spring in farmers’ steps on Thursday.
Smiles were wide and the crowd huge at the Thursday store sale as prices were firmer on last week.
The first pen of the day, 20 Angus steers from Jim Dean’s Rosedale farm, sold for $1690 per head.
The next few pens of Angus steers, lower in weight, from Tallanbar Pastoral Company in Yanakie sold for a consistent price.
Ten steers $1110, 10 steers $1100, 10 steers $1090 and another 10 to $1000 to Landmark agents buying for re-stockers.
Weaned Holstein steers sold well too – A and R Verboon’s 15 at 290kg sold for $760.
“Prices were still firm, to fully firm,” Rodwell’s agent Damien Minogue said.
“Some cattle were a whisker cheaper, but by the same token, some were a whisker dearer.
“There were a lot of people at the store sale, one because there were some 1900 head penned, and also because there were a lot of vendors and lots looking to buy too.
“We are all looking forwards to a very good spring, which is just around the corner.
“Everyone is very positive and there’s a real bounce in their step – for the first time in a long time we’re seeing good returns.”
Mr Minogue said the high prices could still turn a profit for the re-stockers.
The recent record prices did not appear to put off re-stockers on Thursday, with bidding hot on some of the smaller cattle.
“There’s still a margin,” Mr Minogue said.
“Producers will sell their stock when they think they can get the best return, and if the fat market stays where it is, I think they’ll still do well.
“The demand is still there and it looks like we’ll be getting a reasonable spring.”
Leongatha Store Sale on Thursday, August 18, 2016 Steers
15 Hunt Mark & Robert Newry 1,920
16 Farmer EA & CE P/L Traralgon 1,900
11 Summers BF & DM Fish Creek 1,890
14 Lawless M M Driffield 1,850
11 Northside Pastoral Inverloch 1,820
11 Triantafyllou M Woodside 1,780
2 Dean J3 Rosedale 1,540
16 JJF Holdings Glengarry 1,380
1 Gregory C Crossover 1,350
5 Hoghton & Sharman Jeeralang Junction 1,340
20 Stackhouse Alberton 1,340
20 Burrabardoo Tarwin 1,335
1 Newton S Mirboo 1,440
1 Gregory C Crossover 1,040
1 Costanzo JMM Woorarra East 1,000
1 Farmer EA & CE P/L Traralgon 940
1 Costanzo JMM Woorarra East 1,680
Cow and Calf
1 Whodeany Pty Ltd Meeniyan 2,060
1 Fletcher B Woolamai 1,810
5 Anderson S San Remo 1,720
1 Trotman A C Leongatha 1,720
1 Newton S Mirboo 1,620
1 Jonkers F & K Yinnar 1,600