Strathalbyn cattle prices surge as feedlot demand rises

Stock Journal

Elders Strathalbyn branch manager Danny Reynolds said the market had “exploded”, driven by green feed, strong feedlot demand, and the arrival of spring.

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00:00The job was very, very strong today, as you would expect, as it actually exploded.

00:04When you compare it to six weeks ago, before we started to hit the rain and the green weather,

00:09we're easily 80 cents to a dollar deer at this time around, and in extreme cases, it might be $1.50.

00:16Some of those EU top-end heifers making up for $5.70, which we have not seen for three years.

00:22A lot of feedlotters here are very heavy, very strong on those heavier cattle,

00:26and then, of course, your local stores.

00:27The season's just starting to break, spring's around the corner, hills are green,

00:32feed's starting to grow, so everyone hops in and buys their cattle for the year.

00:36So that, combined with the way this cattle market has been jumping for the last month or more,

00:41it's just a sign of things to come.

00:44The season's just starting to grow.

00:45The season's just starting to grow.

00:46The season's just starting to grow.

00:47The season's just starting to grow.

00:48The season's just starting to grow.

00:49The season's just starting to grow.

00:50The season's just starting to grow.

00:51The season's just starting to grow.

00:52The season's just starting to grow.

00:53The season's just starting to grow.

00:54The season's just starting to grow.

00:55The season's just starting to grow.

00:56The season's just starting to grow.

00:57The season's just starting to grow.

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