Wangaratta chronicle
Spring cattle sale timing is spot on

The economic outlook on the local cattle scene is looking up, with a yarding of 4000 head a strong possibility at the annual spring weaner sale in Wangaratta this week.

Producers have been prepping their cattle for the Gordon Sinclair Memorial Weaner Sale in what has been one of the toughest seasons in memory.

Corcoran and Parker livestock agent Reiley Murtagh said it’s been the toughest season they’ve seen and producers have fought hard to get the cattle to the condition they’re at now.

He said with the price increase over the last three weeks nationwide, it has enticed producers to send their stock to market.

“It’s just brought cattle out of the woodworks, and while last week was steady, it has definitely all moved in the right direction," Mr Murtagh said.

“The numbers stack up and it’s a good time to sell because there is an ample amount of buyers ready to take on a beast into the spring.

“People buying all have confidence that providing we get a bit of rain this job’s just going to go forward.

“Anything they do buy is going to have a massive weight gain into the future.”

With the buyer confidence the northern pressure will remain and more southern buyers will come into the mix with the likes of Penola and Naracoorte.

“These are the places that haven’t been taking many cattle over the last four to five months and they are expected to really kick into gear," Mr Murtagh said.

“We’ll see that in our own territory too.”

There is a spread of vendors from across the region and beyond, and Mr Murtagh said the Wangaratta sale typically attracts a lot of interest from far and wide.

With the national economy expected to lift off the back of a reduction in the reservice bank cash rate, Mr Murtagh said this uplift will create a positive trend.

“Looking globally as well, there are some very good trends and with more markets opening up to Australia, it’s all looking promising,” he said.

Some of the larger holdings at this week's sale include grown steers from Day Farms, Deniliquin, including100 Hereford steers 12-14 months with Yarram Park blood.

Angus steers including 125 from Bowmans Forest with Alpine and Table Top blood.

Hereford and Black Baldy steers from Growlers Gully in Merton including 100 Angus and Angus cross steers.

The sale is advertised at 3000 head, commencing 9am this Thursday at the Wangaratta Livestock Exchange in Shanley Street.