Ballarat Livestock Sale Sees Price Increases for Angus Steers
What happened
A monthly store sale at the Central Victoria Livestock Exchange in Ballarat featured 2,621 steers, heifers, cows, and calves. Angus weaner steers, weighing between 200 and 400 kilograms, sold in the range of 600 to 750 cents per kilogram. Heavy feeder steers, weighing over 500 kilograms, ranged from 500 to 520 cents per kilogram.
From stockandland.com.au
Why it matters
The sale prices were reported to be 10 to 15 cents per kilogram, or $100 a head, higher than prices at other market centers. Livestock managers noted that the season across central Victoria has been 'fantastic,' suggesting strong local demand and cattle holding.
Multiple livestock sales, including Angus and Hereford steers, are currently taking place across various locations such as Sale, Newry, and Stratford.
From stockandland.com.au
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- JBSSpeculative
JBS might see increased demand and activity at its feedlots due to the strong cattle sales and high prices.