Cody Close, TopX Roma – Cattle sale report (16 September)

0:00Rural Queensland today, you're with Ben Dober on the Resonate Broadcast Network and across rural and regional Queensland, wherever you are, 16th to September this morning. Yesterday in Roma, 8,314 had yadda. It was up a little on the week prior and with the season starting to deteriorate, the market struggled a little. Lots of detail around it though. Cody Close, TopX Ramer joins me this morning after the Roma sale. Yesterday, Cody, good morning. Thanks so much for being with us. I really appreciate you giving me some time this morning. Good morning, Ben. Thanks for having me. I mean, market reports are a bit like everything. The devil's in the detail a lot of the time. We understand that the conditions seasonally are deteriorating. They're claiming the market 20 to 25 cents, dropping in most categories. As I said just earlier, the type of cattle, what we were looking at, weight, breed, all come into it.

1:01What was that job like yesterday? Will it start with the stall and we'll get to the prime a little later? Yeah, definitely. It started showing a few signs of softening and a few categories, but like you're saying there, it's certainly relevant to the quality of the cattle. It wasn't as good a yarding this week. Quality-wise, right the way through all weight categories and we've seen the last few weeks. That affected a little bit, but in saying that, yeah, there's just like to see like seasonally wise people are looking forward and wondering when it's going to rain. So there's a little bit of thought that goes around that and in price correction there, I suppose. But the lead weiner is still selling well, but they're mainly wean cattle at the moment to be honest. They're more in the story condition. So they're still selling well. They made out to $5.70 yesterday for the lightweight little little little little of the year for the under 260 kilos. I did see some little angus tears make five 90 as well, but they were very stall, stall condition

2:05cattle that had the compensatory gain. That's where these buyers are looking for at the moment. Anything that's going to put kilos on pretty quickly, right the way through whether it's the weiner, the background is all the feeders. That's where the top of the job are to be honest. Yeah, and to be honest with you, that boats well for the future and what we're trying to see because there's opportunity. Now let's just go through yesterday. Steers under 200 kilos, 350 to 570. I'm not even going to look at the 350, but 200 to 280 up to 584, but back into the middle fives and the 280 to 330 made the 365 60 feeder cattle. Obviously mid fours, that was more the market, but the heppers took a bit of a hit yesterday as well. So with that real opportunity, if you wanted to get in with the heifer job struggling a little at the back end yesterday.

3:05Yeah, definitely been that heifer job. It's certainly there was options there to be able to buy. And a reasonable price compared to where it has been the last two weeks. It's certainly been humming along quite well, but there was a slight correction there on the heifer market there yesterday, but still viable and still profitable on the producers, all the things too. Like it's still decent dollars. It's just not as high as it was, but there's more store heppers coming through the yards and there. Yeah, they're getting sold after, but it's the same old story when it's getting looked up to the dry. The really little cattle that are the first ones to take a minute of a hit because it is such a long run to get them to work. If you chase them, they'll have your weight. You've got to carry them so long. Yeah, it is. It's going to be an obviously an interesting time until it rains. Prime job, how was it yesterday? Yeah, Prime job was still firm.

4:06Not many bullocks were caught on, but they were made for 40 and then into the cows. Traydon was 90, six, I saw a 94 for some lead heavy cows with a bit of travel under them, but that job, yeah, still holding on, I believe. And the secondary cows, they were probably back 10 cents, but they made anywhere from 350 to 370 still. There was still some good competition on that, and then the skinnier types of cows back to all people want to pack them back under crop or whatever they're trying to do there. They were still in their $3.30 bracket. So it's still holding on that cow job and they're still after them, so it's which is good to see. So bulls over 600 kilos, selling to 462. It's the time where you see a lot of bulls because there's a many a sale going on. So where's the next sale? You've got a sale this Friday with TopExit. You'll be marketing. Yeah, Ben, we've got the path on the Roe Angus sale this Friday at the Roe Angus sale yard. A hundred Angus bulls there starting at 10.30 in the morning. So that's this Friday, and then

5:11yeah, the following Thursday, Thursday next week, we've got the wayco, Santa Catriona sale there, out at Mitchell at Grudeay, 101 bulls there starting at Midday, so yeah, starting to give them to the thick of it, that's for sure. Can I ask you, what is the season like through the Mariner and everywhere through there? Can you give us some sort of insight into what it's like? It certainly, yeah, well, it hasn't been much rain through here. The Shorotra winter, so there's certainly, and we don't get to grow much grass in winter, to be honest, it's more herbage. So if there wasn't been a herbage off that little bit of rain, this heat and wind, and that's the last week or so, and it's probably dried it off, it definitely dried it off, and it's just the time of year where we just sit and wait for the rain to come. I suppose you don't really expect too much of a change through now, but especially, yeah, August and September, it's sort of hard to dig storm at the best of times, so we're just there. Yeah, it'll be nice to get some early storms, just to set people up and just keep people's confidence going forward, but it's still

6:16plenty of catarlieing lick, and the condition on the catalyst is still good, but nothing's falling away, to be honest, but yeah, it's just looking forward to how much grass you've got in front of you, I suppose, as the conversations being had at the moment. Yeah, and really valid. Hey, appreciate your time this morning. Thanks so much for being with us, but it's just awesome, that we're seeing these kind of numbers still come through. We just need the rain to absolutely slow this market down, because otherwise, that number of close on 8000 will be a regular, regular occurrence in the next couple of weeks. Job holding on or right, it certainly was a little cheaper, but by no means bad, it was still very strong considering the seasonal conditions. Cody, appreciate your time this morning, mate. Thanks so much for being with us. Thanks, Ben, you're good day. Good on you. We're going to take a break. Come back. This is Rural Queensland today. It's the 16th of September on Rural Queensland today.