Record grain-fed cattle prices matched by feeders

By Angus Brown, Mecardo
September 21 2019 - 6:00am
Figure 1: Northern grain-fed inputs vs sale price. Grain prices for northern feedlots have been relatively steady, with sorghum tracking around $350/t and wheat $400/t, but feeder cattle prices have been on the rise.
Figure 1: Northern grain-fed inputs vs sale price. Grain prices for northern feedlots have been relatively steady, with sorghum tracking around $350/t and wheat $400/t, but feeder cattle prices have been on the rise.

STRONG export demand, a weaker Australian dollar and tight supplies of grass finished cattle has seen the Queensland Over the Hooks 100 day Grain-fed Steer Indicator hit a new record in recent weeks.

Get the latest WA news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.