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Elders national livestock manager, Peter Homann spoke about the sale in Tamworth on Wednesday 28th January, 2026, and the prospects for the future. Video by Simon Chamberlain.
Transcript
00:00I think the market is rock solid. The cattle are really, really good. Plenty of weight, steers and heifers, but from Penn 1 it's just been rock solid. Good line up for buyers, and there's quite a few feedlot buyers which is fantastic. So the cattle are good, I think they're bought well, but from Penn 1 it's just been a rock solid sale around that $5, $5.20, so I think really you couldn't ask for any more.
00:27On a par with the southern wiener sales? Different, different. We've got a lot of lighter wieners because we haven't enjoyed the season. I know it's dry up here, but for what I've seen in my travels, this is still looking pretty good. So different sort of cattle, similar prices, but these are a mile heavier cattle.
00:47Prospects for the year, what are you thinking?
00:48Well, I personally think the job's looking good. I think the demand for Australian meat is the best it's ever been. So I'm expecting solid prices throughout. Look, the weather always has an impact. Things will be looking that good, but if we get it dry, it can play heavy with prices.
01:08It's just the old supply and demand. But everything being equal, I think we're in for a very strong year.
01:13Queensland's looking pretty good.
01:15Queensland haven't been up there for a little while, but those big rains in the north, it's going to guarantee them a fair bit of water around, a fair bit of feed when they get over the floods and the damage it's created.
01:25So I think Queensland and Chapioc will be good. I think you're going to see tight numbers in the south, so I think you're going to see a lot of southern buyers, which we've got here and further down here. I think they'll be heading north to try and get support.
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