I agree. Speaking to a mate from Parkes who was waiting for trucks to take steers to a feedlot yesterday. The thing we can’t really believe are the MLA herd estimates. We look are around our area, we drive around NSW and QLD and don’t see the cattle that are supposed to be there. This autumn is the first time in three years we have kept heifers. Much easier to take the $1500 to $1800 for heifers straight of the cow previously. The one choke in the system at the moment is the capacity of meat works to process due to labour shortages and the oversupply of “expensive” meat in the system that has to be sold. A lot of stock still being held at present. I suspect there are a lot of old cows hitting the market as producers kept them on during the good times to get a couple of extra calves out of them and now as times are tough they need to move them on.
