Record high prices for weaner sales in Murgon
DESPITE rain bucketing down and almost 300 head of cattle lost at the Murgon weaner sale on Friday, prices soared to their highest in more than five years.
Pratt Agencies' Paul Pratt said top steers went for $2.75 with an average of $2.42 a kilogram.
"That's nearly a dollar per kilo dearer up on last year," Mr Pratt said.
"We've never had weaners come back at that sort of money," he said.
Mr Pratt said his only frustration was with the sheer number of calves who could not be yarded for the sale due to the wet
"It's just disappointing those people who wanted to send their cattle couldn't get here," he said.
"But when you've got trucks bogged, they're bogged."
Despite the poor conditions, Mr Pratt said the sales were a huge success.
"It's pleasing to see the sale pricing back to where it was some years ago, and in some places hit new highs, because the producer needs these results to stay in business, especially given the very ordinary conditions in the livestock industry in the last couple of years."
Mr Pratt said it was good to see producers finally get paid for their hard work because "it keeps everybody rolling along".
"If their returns are greater, they spend those returns, and it filters through and benefits everybody," he said.
Mr Pratt predicted the market would stay strong for the next sales in June and for the remainder of the year.
"Unless it gets cold and frosty and the green grass turns dry," he said.
"Winter has that effect on cattle, they lose that bit of condition.
"But if we get spring rain in lead-up to the summer season, we'll continue to see a good market."
Pick up Friday's edition for the full cattle sale report.