Koonwarra Victorian Livestock Exchange store cattle market

Brian McCormack, Nutrien SGL auctioneer, Leongatha discusses the Koonwarra Victorian Livestock Exchange store cattle market with Andrew Miller.

Transcript

00:00The market today was probably a little bit flatter but still sold quite well.

00:08Very strong feeder competition. In our steer run I would say 80% were bought by three buyers

00:16and we had a very good run on steers and yearling off cattle but there's three feedlot

00:21back rounding boats that were bought 80% of the cattle. So it would be Campbell, JBS and Mark Wyre.

00:30So price wise seems to be sort of marking time a little bit at the moment?

00:34Yeah it's just we can get a bit more rain locally. We have a bit more competition from

00:38local boats which would then put a floor in a market and just kick it back up again a little

00:43bit more but at the moment we're just reliant on what the feeder boats are doing with a little bit

00:48of grazing competition within. Why is the feedlots are filling up again now do you think?

00:52Well no I think you'll find that they'll be they'll be moving cattle out of them as well

00:56like so they what they take out they want to replace and that's that's how they're going to

01:00work their game so if they're selling cattle out of there the cattle are right to go we'll

01:04have time to put cattle back in as well.