RECENT CATTLE MARKET REPORTS

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NRLX MARKET REPORT

WEEK ENDING SATURDAY 29 APRIL

Agents yarded a total of 877 head at the Northern Rivers Livestock Exchange regular prime sale on Wednesday 26 April. The yarding consisted of a good supply of young cattle and a fair penning of cows. Young cattle were comprised mainly of vealers and weaners with a large percentage being light and medium weights. Quality was fairly mixed, although there were several pens of well bred cattle throughout the sale. The market varied considerably with not all the usual buyers in attendance.

Warwick

MC DOUGALL & SONS LIVESTOCK MARKETS WARWICK WEEK ENDING

28/04/2023

Agents today yarded a total of 2905 head of sheep and lambs for the weekly sale. The stock was drawn from the New England as well as Maranoa and local suppliers. Th numbers increased for the week and saw an all-round result of an average of stock returning $121.80/head compared to $118.94/head last sale. The yarding saw Lambs top at $190 to average $139.39 ($par), hoggets topped at $130 to average $86.70($4down), Ewes topped at $104 to average $70.80($3down), wethers topped at $108 to average $86.93($8up), rams topped at $170 to

Warwick

MC DOUGALL & SONS SHEEP & LAMB REPORT

Selling Agents followed the Anzac traditions and cancelled the weekly Cattle sale, to honour our fallen and serving veterans. The Sheep and Lamb sale was held with the numbers up from 2400 to 2905 head this week. This was the only rise for the sales as Pork and Poultry numbers were also back.

Cow prices saw a slight drop on last week averaging 235c/kg and reaching a top price of 265c/kg. Heifer prices were easier with lighter stock up to 250kg averaging 284c/kg and topping their category at 466c/kg. Heavier heifers over 250kg averaged 284c/ kg and reached a top of 372c/kg.

Bull prices remained steady with 13 head sold averaging 225c/kg and 664kg. Steer prices were cheaper with lighter stock up to 250kg averaging 361c/kg and reaching a top of 458c/kg. Heavier steers over 250kg averaged 341c/kg and topped their market at 418c/kg. A small number of bullocks sold on the day averaged 261c/kg and reached a top of 263c/kg.

Vealer prices saw a drop averaging 327c/kg and 254kg and reaching a top of 438c/kg.

T&W McCormack and Ramsey & Bulmer held average $73.90($5down), Lamb rams topped at $131 to average $83.28($11down), Ewe lambs topped at $174 to average $169.50($42up).

Finlay Family sold Aussie White wether lambs 51 and 49 kg to Eversons for $174 and $169

Vermont Past Co sold Dorset x lambs 50.7kg to Thomas Foods for $150, 50.5kg to Thomas Foods for $152, 1st x ewes to Thomas Foods for $86

Armstrong Family sold Dorper x lambs 51.5kg to GR Prime for $169, 49.2kg to Eversons for $162, ewes to Eversons for $55

Stillwater Past Co sold Dorper lambs 48.3kg to Leslie Lamb for $164

Rory & Kathy Frost sold Dorper lambs 43.8kg to Leslie Lamb for $154, 36.8kg to Luck Meats for $130, ram lambs 58.3kg to Take IT Easy Meats for

Lambs topped at $190 to average $139.39 even par with last week Hoggets topped at $130 to average $86.70 down by $4/head Ewes topped at $104 to average $70.80 down by $3/ head Wethers topped at $108 to average $86.93 a rise of $8/head

Rams topped at $170 to average $73.90 down by $5/head Lamb rams topped at $131 to average $83.28 down by $11/head a store sale at the NRLX on Friday 28 April with 2,329 head going under the hammer. Steers topped their category at 456c/kg and averaged 370c/kg and 265kg whilst heifers reached a top of 490c/kg and averaged 286c/kg and 244kg. Cows reached a top price of $1,975 whilst cows & calves topped their market at $2,650. PTIC heifers reached a top of $3,450.

Ray White Rural held their ‘Back in Black’

Angus breeder sale at the NRLX on Saturday 29 April with 300 head going under the hammer. The top priced bull of the day went for $11,000. Cows topped their market at $1,800 whilst Cows & Calves reached a top of $3,200 and PTIC heifers achieved a top of $3,000.

George & Fuhrmann will hold a store sale at the NRLX on Friday 12 May. Bookings are welcome!

$131, ewes to Eversons for $85

Owen Mc Auley sold 1st x Dorset lambs 43.7kg to GR Prime for $116, 40kg to restockers for $105, hoggets to GR Prime for $53, ewes to Eversons for $35

Rangemore Estate sold Dorper hoggets 80kg to Thomas Foods for $90

James Cowlishaw sold Merino wethers & ewes to Thomas Foods for $101

Brypine P/L sold Dorper x lambs 48.3kg to Uniplaza for $136, 47.6kg hoggets to Take IT Easy Meats for $70, 49kg ewes to GR Prime for $51

Sloss & Ramsay Family sold Merino wether lambs 36.8kg to GR Prime for $64, 33.9 to 33.5kg to restockers for $50.50, 30.2kg to restockers for $50

Les Holton sold a 4 tooth ex stud Dorper ram to Wilbury P/S for $170 with both Indonesia and Timor-Leste.

Ewe lambs topped at $174 to average $169.50 up by $42/head Sale total of 2905 head averaged $121.80 a rise of $3/head week on week.

Sows sold to $150, Boars sold to $104, Baconers sold from $58 to $190, Stores sold from $42 to $170, Light Pork from $57 to $144.

Hens sold to $38, Roosters sold to $20, Pullets sold to $18, Guinea Fowl sold to $17.50, Turkeys to $25, Ducklings to $17.50/unit.

Dairy processors have been provided with additional information on their legal obligations under the Dairy Code of Conduct in advance of the 1 June deadline for the release of new milk supply agreements for the 2023-24 dairy season.

The ACCC’s updated Dairy Code guidance, published last week, provides further detail on how processors need to publish their milk supply agreements, when they can terminate an agreement with a farmer, how they can comply with the ‘single document’ requirement, and the meaning of a non-exclusive agreement under the code.

Importantly, it incorporates the Federal Court’s fndings in the frst ACCC proceedings brought under the Dairy Code.

The updates also simplify various aspects of the guidance to assist dairy farmers and processors to understand their rights and obligations under the code.

“The code has been in place now for almost three full dairy seasons and, generally speaking, we have seen compliance continue to improve. However, we urge processors to remain vigilant,” ACCC Deputy Chair Mick Keogh said.

“We want processors to familiarise themselves with our revised guidance so they are completely clear on their obligations under the code. For most processors this won’t require any major changes to current practices.” Ensuring compliance with industry codes of conduct in the agricultural sector is a compliance and enforcement priority for the ACCC in 2023-24.

“We’ll be conducting further compliance checks following the publication of new milk supply agreements on 1 June to ensure processors are complying with the code,” Mr Keogh said.

Background

The Dairy Code (the Competition and Consumer (Industry Codes – Dairy) Regulations 2019) is a mandatory industry code prescribed under the Competition and Consumer Act 2010.

The code came into effect on 1 January 2020, and regulates the conduct of dairy farmers and processors by establishing rules for the use of standard form milk supply agreements in the dairy industry.

Under the Dairy Code, all processors that are not a small business entity must publish all of their standard form milk supply agreements on their website by 2pm on 1 June (AEST), and all milk supply agreements must comply with the code.