A WESTERN Queensland producer has come out on the good side of a tumultuous cattle market in the past six months – generating a 40 percent return from cattle he purchased in the third quarter of last year while conditions were dry.
As last year’s cattle market crashed, many producers in western Queensland found themselves in the fortunate position of being able to hold on to stock – with two good wet seasons and an already low stocking rate from prolonged drought. Some saw the excess feed as an opportunity to buy replacements and trade.
One producer, who asked not to be named,…
