CATTLE prices are at a low point, and this was reflected in the results of the monthly Euroa store cattle sale last week.
Longwood cattle farmer Martin Pratt, who sold cattle at the sale, called it “a disaster – horrible prices”.
He said he sold two small steers which sold for about $430 and five heifers which sold for $560.
“I had steers the same size two sales ago that made double that,” Mr Pratt said.
The sale day on Wednesday last week saw heavy rain, which he had hoped would encourage people to buy, “but it didn’t,” he said.
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Elders Euroa auctioneer and livestock manager Joe Allen said the prices had been about $100 to $150 lower than the previous month’s sale, in line with prices seen at other cattle sales in between this period.
He said better, heavier Angus steers were making between $2.30-$2.40 per kilogram and lighter cattle sold for about $700.
He said he thought the heavy rain sparked “a bit more inquiry”, but mainly with smaller cattle.
“The good widespread rain across the state and in our area sets us up for a very good spring,” Mr Allen said.
“Our next cattle sales will be at the usual dates in November and December.”
