Feedlots, export order underpins weaner sale

David Hocking, Mullwood Partnership, Holbrook sold nine black baldy steers, 10 to 11 months and weighing 451kg for $1300 at Wodonga weaner sale last week. Photo by Bryce Eishold
David Hocking, Mullwood Partnership, Holbrook sold nine black baldy steers, 10 to 11 months and weighing 451kg for $1300 at Wodonga weaner sale last week. Photo by Bryce Eishold

Reflecting on the prices paid during the second week of weaner sales at Northern Victoria Livestock Exchange, Wodonga, BUR Wodonga director Michael Unthank thought them easier than the previous week, and much cheaper than relative sales before Christmas.

"There has been a lot of things happen during the past fortnight, especially in this area and that has affected these sales," he said.

"The obvious one of course is the lack of competition from the Upper Murray."

Mr Unthank said grass finishers from that region were usually great supporters of the weaner sales, but this year were not in a position to restock; nor was there a lot of interest from the drought-stricken north.

"Let's hope the season turns around and they can get back into the job quickly," he said.

"But the feedlots were very active and we were very happy with the way they operated, paying about 290c/kg to 300c/kg for the better end of the steers."

Mr Unthank further noted the buying interest from Landmark International who filled a large export order.

"They were fantastic, and once again they put a base in the whole job," he said.

"I think they took five loads [on the first day] which was a very good base."

Mr Unthank also reported good sales of heifers in the range 260c/kg to 265c/kg for those with condition.

"You've got to be happy with those prices with what has been going on in the area," he said.

Yarrawonga-based lot feeder Adam Inchbold was looking for heifers suitable for feeding and he thought the Thursday market firm on current values.

"It was fair value for buyers and sellers with prices similar to last week," he said when commenting during the Thursday sales," Mr Inchbold said. "I expected it to be a bit cheaper."

Corcoran Parker auctioneer Justin Keane noted the strength of the feedlot buyers who bought up to 60 per cent of the yarding and paying about 300c/kg for the better lines.

"The people who bought cattle at 300c/kg would be replacing bullocks sold for good money," he said.

Paull and Scollard Landmark auctioneer Luke Deimel reported interest from local restockers and an export order had a big influence on the sale.

"Somehow local restockers have been able to find some space in these conditions," he said.

Paull and Scollard Landmark agent Mark Breen thought the values on Friday were "firm".

"It was a good yarding considering the season," he said.

"With the amount of rain we didn't get, the weight in these calves is exceptional. It is hard to imagine people turned up today with all that is happening in the district."

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