THERE’s been a sharp spike in feeder cattle and grainfed cattle prices in the early stages of trading this year, driven by the dramatic seasonal turnaround that’s occurred since November.
Heavy flatback feeders in southern Queensland that were making 315-320c towards the end of last year are today trading for 350-355c/kg, and higher in places. That’s the best money seen since at least May 2023, before prices (linked to season conditions and BOM forecast) started to slip away.
In early saleyards trading in NSW and QLD this week, even higher prices…