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Agent predicts steady cattle market in CQ for 2018

2018 PREDICTIONS: Brad Mulvihill of TopX believes the market will be close to last year's prices.
2018 PREDICTIONS: Brad Mulvihill of TopX believes the market will be close to last year's prices. Amber Hooker

THE 2018 cattle sales will get under way on Friday at the Gracemere CQLX for the first time this year.

2017 saw a spike in prices after some good rain towards the end of 2017 and TopX principal Brad Mulvihill thinks the wetter and cooler summer predicted by the Bureau of Meteorology will definitely help the 2018 market.

However, he also believed graziers would hold on to their cattle longer, meaning there would be a shorter supply.

"If we get the rain they're forecasting it'll really help the market,” he said.

"We've had a good season to start with, and I think people will probably hold on to their cattle longer as well.”

But as for the first sale of 2018, he thinks it will be a steady market, with prices sitting similar to those at the final 2017 sale.

"I think the prices will probably end up somewhere similar to where they were at the end of last year, with weaners and steers going a bit stronger after the rain we've had,” he said.

"I don't think there will be a lot of change to the market compared to last year. It might ease a bit, but I think they will be along the same lines of last year's market,” he said.

The prime/cattle sale will be held on January 12 at CQLX Gracemere, starting at 8.30am.

Back in action

Emerald: Tomorrow, Jan 11

Rockhampton: Friday, Jan 12

Sarina: Jan 13

Biggenden: Jan 15

Charters Towers: Jan 17

Monto: Jan 17

Mareeba: Feb 13

***

Gympie

Sales results from January 8.

A good quality yarding of 856 store cattle at Sullivan Livestock's first Gympie sale for 2018 saw the market remain very similar to pre-Christmas sales.

Cattle were drawn from Gin Gin, Brooweena, Maryborough, Bauple, Kilkivan, Tansey, Woolooga, Eumundi, Kenilworth and all local areas.

Quality charbray steers from John Crossley made $2.99 to return $1418.

Charbray cross steers from C and T Vermeulen, Maleny, made $2.93 ($1312).

Droughtmaster steers from D and R Fritz, Marys Creek, made $2.97 ($1280).

Charolais cross steers from Ray Zerner, Pie Creek, made $3.03 ($1142).

Droughtmaster steers from Kasmanco Pty Ltd, Woolooga, sold for $2.99 ($1207).

Droughtmaster steers from the Blanckensee family, Kandanga, made $3.09 ($1026) and $3.57 ($928).

Greg Tombs, Gunalda, sold droughmaster steers for $3.53 ($1003).

Brangus steers from Graham Scott, Coondoo, made $3.45 ($1094).

Quality brahman cross steers from the Brown family, Brooweena, made $3.35 ($1128) and $3.45 ($1077).

Westonvale Grazing, Glastonbury, sold charbray weaner steers for $3.74 ($1039), and droughtmaster steers for $3.75 ($960).

Droughtmaster steers from Chris Black, Bells Bridge, made $3.89 ($1080).

Light droughtmaster steers from Dennis and Sue Billiau, Scotchy Pocket, made $3.95 ($879 and $715).

Topics:  brad mulvihill cattle sale cqlx livestock topx


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