Mecardo's Angus Brown looks at how the cattle marketing is tracking after recent rain.
Increased northern competition drove store cattle prices seriously higher at the b-monthly NVLX Barnawartha store cattle sale on Thursday.
Prime prices continue to fall in saleyards across the country, with the rain in select parts of the east coast having little impact on rates.
Grown steers that offered good frame-size and weight suiting feeders were hot-property at NVLX Barnawartha on Thursday.
The Nationals have pledged a further $325,000 to the Euroa Saleyards redevelopment project if returned to govern Victoria
Processor margins remain elevated and have moved back above the upper end of the normal range during August.
Mecardo analyst, Matt Dalgleish says the market outlook isn’t that dissimilar to the dry spring of 2002.