October storm rain across NSW certainly helped spark up the young cattle market which even this week was still firm to dearer.
The young cattle market has continued to zoom higher with the Eastern Young Cattle Indicator now more than 25 cents a kilogram (carcase weight) higher than it was a week ago.
RAIN in the past fortnight, the prospect of more this week and renewed buyer confidence has lifted cattle prices right across NSW.
The best of the cows with calves were a line of four- to six-year-old Angus cows with good young calves.
Cattle prices continue to struggle overall, and the Eastern Young Cattle Indicator is now more than 100c/kg lower than it was at this time last year.
Many people in the north western plains have destocked to the point of only having core breeders left.
It was a plain quality offering of cattle for the monthly Central Tablelands Livestock Exchange, Carcoar, store sale last Friday.
Export destination such as the US, Japan and China all recorded significant increases in shipments during the past 12 months
Looking back it is hard to believe the arguments that went back and forth for almost 25 years before Carcoar got off the ground.