YOU won't buy a good bull less than $5000 this season.
That's the sentiment being expressed by commercial cattlemen as surging confidence in the beef industry, driven by strong cattle prices, delivers a purple patch for seedstock producers.
A quick glance at some benchmark sales held across southern Queensland over the past month shows a marked increase in nearly all sale averages, with most over $5000 a head.
Clearance rates are also up, with many vendors who struggled to offload 70 or 80 per cent of their 2014 offering, now selling close to 100pc of the draft under the hammer.
Most of the spring sales have so far been held in southern Queensland but the trend is expected to continue for the big central sales, such as the upcoming Droughtmaster National and Brahman Week in Rockhampton.
Surat’s Salter family were delighted to see their draft of 55 Glen Fosslyn Droughtmaster bulls meet strong demand at the Roma Saleyards on Saturday. The Salter’s achieved the very strong average of $5590 and cleared 93pc of their bulls under the hammer. The top price of $16 500 was paid by Paul and Lisa Laycock, High Country Droughtmasters, Toogoolawah.
BUYERS had plenty of opportunity to snap up a bargain at the 2012 annual Glen Fosslyn Droughtmaster Bull Sale at the Roma Saleyards on Friday where stud principals, the Salter family, sold 71 bulls for an average of $4021.
Congratulations to the Salter family on winning the grass-fed trade steer category of the 2011 Annual Landmark Beef Bonanza Show and Sale on Friday.