Wet weather boosts cattle prices
RAIN and cattle sales mix well for vendors and that was the case on Saturday when George and Fuhrmann held a store cattle sale at the Warwick Saleyards.
George and Fuhrmann yarded 275 cattle, predominately cows pregnancy tested in calf.
Auctioneer Matthew Grayson said the early morning rain prevented some buyers from bidding due to concerns about wet tracks for delivery of any purchased cattle after the sale.
“Rain always helps prices during a sale, it gives people a bit of hope,” Mr Grayson said.
“The rain stopped before the sale and just started when we began to sell.
“It was very dark to the south when we finished selling and I heard one producer had 100mm on the northern side of Liston on Saturday afternoon.”
The talk at the sale on Saturday morning were falls of up to 40mm in the previous 24 hours.
“Most had around the inch (25mm),” Grayson said.
“Before the sale, people were very upbeat with rain around.
“There was a lot of oats which couldn't be fed. Now with the rain, it will get its second root and producers will be able to feed oats within a fortnight.
“Half of Saturday's yarding was likely to go on to oats.”
Grayson said the rain might delay a few numbers for the regular Warwick Cattle Sale on Tuesday which could help increase prices.
“The market has been very good for this time of the year anyhow,” he said.
The sale on Saturday was by open auction with top pregnancy-tested Angus cows, owned by Brian Bourke, of Swanfels, making $780.
Small steers made in excess of $2 a kilogram, based on estimated live weight.
George and Fuhrmann holds store sales at the Warwick Saleyards one Saturday a month and also holds a monthly store sale on the third Thursday of each month at Stanthorpe.
While most of the vendors on Saturday were from the Southern Downs, buyers came from as far as Deepwater and Bonshaw in New South Wales, areas which have received good rain lately.