Roma celebrates gains from lofty 2015 prices

Steve and Tom Gray, “Wallabella”, Wallumbilla, Queensland, sold Angus-cross steers for 340c/kg to return $995/head at Tuesday’s Roma store sale.ROMAsaleyards has reached a new record for the sale ofcattle sold during 2015.
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The value of cattle sold through the Queensland saleyardhit almost $327 million in 2015, the highest total dollar value of cattle sold since sales begun at Roma.

The increase in prices during 2015 boosted the total value of cattle sold at Roma’s store and prime cattle sales.

Saleyards operation managerTerry Hylandsaid cattle yarding numbers remained high during 2015.

“The extensive drought conditions across south-west Queensland caused much of the cattle to be yarded,” Mr Hyland said.

“Another contributing factor to increased numbers was the large increase in the value of cattle, which has enabled livestock producers to turn-off cattle at a younger age.”

During 2015 a total of 409,172 cattle were sold with 157,760 steers, 139,926 heifers, and 9356 bullocks yarded.

In 2014 a total of 327,665 head of cattle were sold for a value of $164 million.

Ray White Rural livestock agentJack Clanchy, Roma,said limited supply of cattle and solid ongoing demand helped fuel the cattle price rise during 2015.

“Let’s wait and see seems to be the general attitude of cattle producers about the current weather and season,” he said.

“I have a lot of positives about the cattle industry and livestock producers appear to have a lot of positives about the cattle markets.”

This week at Roma store sale supplyjumped by more than 50 per cent on the week before to 4205 head.

Good quality light steers continued to attract solid restocker buyer demand, while heaviersteers were mixed in quality and feedlot buyers appeared more selective.

Barellanewes average$186The annual 2016 Barellan First Cross Ewe Sale saw 3827 young ewes sold for average price of $186.

With most sales reported between $165 and $180, it was a good result, but disappointing in that the average was $14 less than last year, selling agent Mark Flagg reported.

“The top ewes made to $230, but there were only five pens making over $200 per head,” Mr Flagg said.

Nevertheless, repeat buyers from the Crookwell, Cootamundra and Wagga Wagga districts underpinned the sale, actively competing for the top drafts of ewes.

Top price for the sale, at $230 was paid for the draft of 365 March 2015 drop ewes, and October shorn offered by breeders the Flagg Family Trust, “Townswell Park,” Moombooldool.

The second line of 225 ewes offered by the Flagg Family Trust also sold for $230.

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