AgriCast Episode 20: December 13, 2024 | Strong markets and bright prospects at Roma saleyards - video Dailymotion

AgriCast

Livestock and property agent Cyril Close from TopX Roma shares insights on the Roma cattle market, including rain-affected supply, stock origins, and a positive summer outlook.

Transcript

00:00Hello, welcome to AgriCast. We're looking at the cattle market and particularly up in

00:12Roma. Cyril Close is with us, Livestock and Property Agent at Topex Roma. Hi Cyril, thanks

00:19for joining us from your property. Whereabouts are you?

00:21Yeah, Kirsten, today, luckily enough to be on our property, which is 60km north of Roma,

00:26doing the nice green grass and the fat cattle. Sorry to interrupt you while living the dream,

00:32but I wanted to check in on Roma salyards. How was it looking yesterday?

00:36Yeah, it was another strong market again, a bit over 4,000 head of cattle yarded, been

00:40getting some yardings that have rain affected and we've been drawing for quite a few more

00:45cattle than that, but we're fortunate enough that there's storms in the district and that's

00:50been restricting supply on a weekly basis at the minute, which is a good problem.

00:54So what's the current state of the market?

00:56For the buyers, they've got to adjust their rates on a weekly basis at the moment. In

01:00the selling side of it, it's in a very strong position and it's getting probably better

01:04each week over the last month. And that's mainly due to the rainfall falling around

01:08the districts to grow the beautiful grass.

01:11Now Roma's a pretty massive salyard in an Australian context. Where do the cows come

01:17from?

01:18Yeah, we're lucky enough to grow them from lots of different states. We get them out

01:21of Victoria, New South Wales. Cattle come from South Australia, the Northern Territory

01:26and then we have a big footprint here in the Marino and Warrego and further west into the

01:31Western parts of Queensland.

01:32Well, it's been quite dry in parts of SA and Victoria. What's the quality of the stock

01:38looking like?

01:39Yeah, the cattle have been making the trip up from down that way. They are lighter in

01:42condition but they're sending them this way for a better market and where the feed is.

01:46Even though they're a little bit lighter, they've been travelling very well and then

01:49they get here and the new buyers take them out to greener pastures, I suppose you could

01:52call it. They'll get a lot of upside in that and the rain we've had now is setting up the

01:57district for a great summer.

01:59What are you thinking about for the next season? How's it shaping up?

02:03If we can get some more rain throughout the December period, there's only a handful of

02:07weeks left to go obviously till the end of the year. But if that can continue into the

02:10January period and we don't get too much heat, which obviously we will get heat, but if it

02:15doesn't burn the feed off, it's probably setting up for as good a summer as we've seen

02:19for quite a number of years.

02:21Now is it finished for the year at Roma Salyards and when does it start up again next year?

02:24Yeah, so we've got one more sale scheduled for the 17th of December and then we kick

02:28back into gear on the 14th of January in 2025.

02:32Cyril Close, thank you so much for joining us.

AgriCast Episode 20: December 13, 2024 | Strong markets and bright prospects at Roma saleyards

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