THERE’S been a promising start to 2024 young cattle prices, with first reported physical sales held this morning showing consistent rises on closing rates seen last year.
Although numbers have been somewhat limited due to weather, first weekly NLRS-reported sales held this morning at Wagga, Tamworth, Packenham, Bendigo and Mortlake followed similar upwards trends.
As a result, the Eastern States Young Cattle Indicator opened for 2024 at 541.73c/kg (dressed weight equivalent) this afternoon, up 85c/kg on the final 2023 figure of 457c. Traded numbers are still quite thin, however, and a…
