Gympie Show a bright spot in hard times for grazing

Hannah Johnston and Emma Kropp checked out the prime cattle on Friday.
Hannah Johnston and Emma Kropp checked out the prime cattle on Friday. Tanya Easterby

ALL things considered, Dan Sullivan was pleasantly surprised.

The prices achieved at his Gympie Show prime cattle auction were not up to boom time levels, but for a largely drought stricken state and an industry already hard hit by live export issues, the interest and prices at Mr Sullivan's Gympie auction added up to a result that most would describe as "not too bad."

It may be a buyer's market in many ways, but it is still a market, he notes, despite selling pressures.

"There's just an oversupply," Mr Sullivan said.

"All the abattoirs and feedlots have plenty of stock.

"With no live exports and drought in most places, those cattle are also coming into the southern market.

"If anyone's got lots of grass, it's a good opportunity to buy up, I think."

Some say buyers may have to hang on for a while, as a current prime cattle surplus is gradually consumed, but Gympie graziers are at the very least in a better position than those to the west and north-west.

"We've been lucky with the rain we've been having," Mr Sullivan said.

"So we're in a good state, but the prices in some other areas are through the floor.

"If you go out to Roma, though, there are some really sad stories," Mr Sullivan said yesterday.

"So we're in a good state, but the prices in some other areas are through the floor.

"If you go out to Roma, though, there's some really sad stories," Mr Sullivan said yesterday.

Gympie Times


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