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[BUSINESS] · Australia · 2 sources

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Queensland cattle markets face shifts due to dry conditions and buyer demand

The Australian cattle market is experiencing significant shifts in demand and supply driven by changing weather patterns and feed availability. In Queensland, drying seasonal conditions and low feed reserves are prompting producers to send market-ready stock to saleyards. Ed Cross of PJH Livestock and Property has advised producers to “pull the cord now” and offload animals to preserve remaining feed for other livestock.

Southern processors, particularly from Victoria, are competing for finished stock across Queensland saleyards due to a shortfall in supply. This competition has helped maintain firm prices despite the dry conditions. In areas such as Roma, Dalby, and Blackall, throughput has increased by 15 to 25 per cent as cattle from regions including Richmond, Longreach, and Tambo are brought to market.

Market dynamics are expected to be heavily influenced by weather forecasts over the next three months. While rain in Victoria has shifted buyer demand, the lack of volume from the Channel Country has left processors in short supply of finished cattle.

Entities

PJH Livestock and Property · Queensland · Roma · StoneX · Victoria