Forecast rain and spring optimism lift Forbes store market more than $100/head

Luke Whitty wraps up a strong Forbes store sale, with seasonal confidence and solid buyer demand driving the market.

Transcript

00:00We've had a very successful day today at the Forge School Cattlesale.

00:03We added about 750 heads.

00:05There's 130 cows and calves, about 70 pre-tested animals, 350 steers and 250 heifers.

00:12We actually had a really good market today.

00:14The cows and calves were dearer by a couple of hundred dollars per head.

00:18We had a fair bit of confidence there with the rain forecast for tomorrow

00:22and coming on to the verge of spring.

00:25Our steer section, I thought, was also dearer, probably up a good hundred dollars per head.

00:31We had a lot of steers making over five dollars per kilogram.

00:34And when we got into our weiner heifers, they sold really well too.

00:38They were probably a hundred dollars a head dearer than our last sale a month ago.

00:42And I think that's all to do with getting closer to spring, a bit of rain forecasted

00:46and also the fat market has also really lifted over the last three or four weeks.

00:52So it's created a lot of confidence in the market.

00:55So we've had a really good day here today.