A 2500-head cattle yarding last Friday (8 February) at Yea was 300 more than advertised and almost double what would normally be sold at this time of year during a normal season.
“It’s bad at the moment, there are a lot of people feeding, and I think [the large yarding] was an indication people are just trying to get rid of cattle,” Landmark agent Chris Pollard told Stock & Land reporter Joely Mitchell.
“I think we’re seeing the worst of it now, but we’re hoping this is as bad as it gets, hopefully an autumn break comes sooner rather than later,” Mr Pollard said.
Commission buyers were reasonably strong, purchasing a few lines, and a few lots went locally, but there was nothing significant to boost prices dramatically with steers 300kg or less earning 300 cents per kilogram whilst bigger steers sold between 260 – 270c/kg.