Visitors converged on the first Central Queensland Livestock Exchange cattle sale for the New Year which exceeded expectations.
Visitors converged on the first Central Queensland Livestock Exchange cattle sale for the New Year which exceeded expectations. CI

Feverish buying of small yarding

CENTRAL Queensland cattle baron Charles Lund led the buying market at the first Gracemere prime and store sale of the year yesterday and there was 100% clearance.

A mix of more than 200 enthusiastic buyers and onlookers converged on the newly branded and operated Central Queensland Livestock Exchange.

Mr Lund, of Laglan Pastoral Company, based in Gracemere, picked up 84 of the best Droughtmasters from Cosmos Station (Middlemount) during the early part of the sale.

“It’s green grass fever. Prices are up about 20 cents, which is about where they should be,” Mr Lund said.

Mr Lund buys about 25,000 to 30,000 head of cattle every year and said yesterday’s sale reminded him of a season in the 1950s, when there was heavy rainfall in some areas and patchy in others.

“Those who get the rain do well, those who don’t have got to sell,” he said.

The sale brought a small yarding of 848 head of cattle selling for beefed-up prices including 500 steers, 270 heifers, 45 cows, 30 cows and calves and a bull.

Elders livestock manager Paul Wells said the numbers were affected by recent falls in local areas.

“The market in general opened stronger than our last sale in December with some sales up to 30 cents per kilo stronger,” Mr Wells said.

Plainer types were firm to 20 cents stronger.

One of the top sale highlights was Robert and Bishop and family from Mon-A-Bri, Ridgelands selling a run of No.7 Brahman X steers to top at 155.2c and average 149c weighing 438 kg to return $654 per head.

The director of regional infrastructure for Australia, Garry Edwards, was in Rockhampton yesterday helping commission the first sale of year.

Mr Edwards said despite agents drawing 1200 cattle, initially they thought they would only see 500, but numbers exceeded expectations.

“With the high cattle prices in southern parts of Queensland, those with cattle to sell took the opportunity to sell at the top of the market,” he said.

The next Gracemere sale is on Friday, January 22.

SALE STATS

Stats from the first CQLX sale of the year:

848 head yarded;

100% clearance rate;

Some sales up 30c per kg, plainer types 20c stronger.



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