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Charts show cattle prices on a stable high in Grafton

Price of cattle is looking positive in the Clarence Valley.
Price of cattle is looking positive in the Clarence Valley. Emily Smith

THE only price-related hurdle cattle farmers had this year at the Grafton Saleyards was Cyclone Marcia forcing Queensland Abattoirs to temporarily shut down and a small oversupply.

The while the average price for cows dropped from about 240c/kg to 210c/kg from February 10 to March 3, that is still 35c more than what farmers were getting at the same time last year.

Ray Donovan Stock and Station Agents auctioneer Mitch Donovan said despite prices easing off from the January boom, they had risen again in April.

"Vealers didn't have the same dip as cows did this March because the restocker demand was so strong for steer weaners," Mr Donovan said.

"Buyers had to pay a bit more to keep up with restocking demand.

"For the short term, restockers ad fat cattle will stay strong."

Mr Donovan said he expected prices to continue to remain strong throughout this year at the Grafton Saleyards.

"The cattle game right through the year is going to be pretty promising from now on," he said.

"There will be bugger all fat cattle through the year.

"This time last year was terrible."

One of the biggest disparities in average price was bullocks around March 17.

Topics:  cattle grafton saleyards ray donovan



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