News 
 State News 
 Livestock 
 Cattle 
 Price soars at Pakenham market 

Price soars at Pakenham market

08 Dec, 2008 04:33 PM
THE FULL car park at Pakenham cattle market last Thursday was the first hint the sale would be a good one.

Following along from recent wet weather and with a big drawcard – the bi-annual draft of Camoola Angus weaners, from Beveridge – the Pakenham sale soared $25-$30 a head above recent markets, according to Peter Brewer, Rodwells, Pakenham.

The Camoola weaners, aged seven to nine months and by Te Mania and Dunoon bulls, reached to a top of $684 over 121 head or 206 cents a kilogram, to average $635 and to $530 over 122 heifers, for an average $453.

Secured by mostly local buyers, the weaners set off a bidding storm.

But buyer interest did not stop here, but spread across the breadth of the market.

“We’ve had some pretty decent rains around here in the last week or 10 days and people were taking advantage of that and with cattle in shorter supply, they want to build their numbers up a bit, Mr Brewer said.”

Quality was also a prominent factor in the good result, with secondary, crossbred types in a minority and plenty of opportunities for buyers to put together a line of cattle.

Pat Reddan, Rodwells, Pakenham, said that weaner markets at Yea and Euroa, with solid northern support, had set a high benchmark and by default pushed up prices in the southern centres.

“A lot of our blokes go to Yea and Euroa to buy cattle and come back empty-handed and are now happy to pay more at home without the freight component,” Mr Reddan said.

Print
Increase Text Size
Decrease Text Size

comments


Date: Newest first | Oldest first
How do i find out when there are sales on for livestock at the Pakenham Market or any other markets in Victoria? thanks
Posted by sara, 21/01/2009 2:13:38 PM

post a comment


Screen name  *
Email address  *
Remember me?
Comment  *
 
We invite and encourage our readers to post comments. Comments are moderated and will appear as soon as our editor has approved them. When posting comments you agree to be bound by our Terms and Conditions.
Greg MacKay and Jack Dowell, Camoola Angus, Beveridge, manager and overseer respectively, attended Pakenham on Friday to watch their draft of seven to nine-month weaners, Te Mania and Dunoon blood, hit the market top of $684 over 121 steers, average $635 and $530 over 122 heifers, average $453.
Greg MacKay and Jack Dowell, Camoola Angus, Beveridge, manager and overseer respectively, attended Pakenham on Friday to watch their draft of seven to nine-month weaners, Te Mania and Dunoon blood, hit the market top of $684 over 121 steers, average $635 and $530 over 122 heifers, average $453.
Related Coverage
ARTICLES
MULTIMEDIA
08 December, 2008
POLL
Q: Should the Nationals split from the Coalition?

Yes
(48.8%)

No
(47%)

Undecided
(4.1%)

Total Votes: 606
Poll Date: 07 December, 2008

Most popular articles

ELDERS NEWS MREC SJ



Stock & Land







Weather brought to you by:

Weatherzone

Classifieds

Front Page

Current Issue
Privacy Policy | Conditions of Use | Advertising Terms | Copyright © 2012. Fairfax Media.
 SEND...
 SAVE...
 SHARE...