Buyers at Shepparton saleyards after milking potential

By Country News

Buyers at the Northern Victoria Livestock multi-vendor sale on Thursday were purchasing cattle for the present rather than for the future, according to livestock agent Craig Cox.

Of the 190 that were up for auction at Shepparton Regional Saleyards, 186 sold at an average price of $1331.

‘‘They sold exceptionally better than we thought,’’ Mr Cox said.

‘‘Crossbreds were making as much or more than the Friesians.

‘‘Buyers weren’t purchasing on age and type, they were purchasing for milk with components.

‘‘Age didn’t seem to matter on these cows.

‘‘Buyers were happy to buy the milk rather than buy pretty cows that will be in the herd for years.

‘‘They were chasing 30-plus litre cows with a bit of component.’’

The main vendor, David and Christine Poort, of Katunga, sold 80 freshly autumn calving cows, which topped at $2450 — also the highest price of the sale.

‘‘They averaged $1350 per head which in the current conditions of dairy farming wasn’t too bad,’’ Mrs Poort said.

‘‘Going in I was very nervous as we thought no-one would want to buy cows in this climate, but once Jayden (Ferrari) started talking the talk the hammer was coming down well.’’

All the cows sold went to buyers from Waaia, Numurkah, Cobram, Toolamba, Invergordon and Katandra, as well as one buyer from Gunbower who bought cows to get back into the industry.