Prices constant despite drought

From the newsdesk: Prices constant despite drought


Life & Style
Wagga Wagga journalist, Stephen Burns, shares insights as a reporter.

Wagga Wagga journalist, Stephen Burns, shares insights as a reporter.

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Go behind the lens with The Land team.

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Of the many recurring themes surrounding the current extended dry period across southern NSW, the most interesting is the thought stock prices have never been as high and as consistent through previous droughts. With first-cross ewes hitting $334 at Yass, it certainly endorses vendors dedication to producing quality stock and maintaining their condition through the drought; but it also confirms restockers have every confidence in the current market and with the future demand for sheep and wool.

Craig Pellow talking about the sheep job

Craig Pellow talking about the sheep job

There are many cockies with longer experience than mine who are telling me they have never seen a drought where stock prices have been so good.

Indeed, talking to wool grower Pete Lette the other day at the conclusion of his ram sale at Berridale, he said his father recently said the same thing.

“It makes feeding our sheep and continuing to strive to breed better sheep worthwhile,” he said.

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