Future looks bright for cattle industry after early sales
A BIGGENDEN livestock agent has said the future for his industry is looking bright.
Burnett Livestock and Realty's Lance Whitaker said the way the cattle market was now the demand was unprecedented.
"It is a great time for people to be in the industry, the foreseeable future is very bright," he said.
Monday's meatworks and store sale, the first for the year, attracted 1500 head.
Mr Whitaker said meatworks cattle prices eased but store cattle were still in high demand.
"Steers on the day sold for 356.2c/kg," he said.
Mr Whitaker said if the North Burnett could get some rain we were in for a good season.
"Recent rain in inland Queensland has filled up some of their dry spots," he said.
Mr Whitaker said in regards to media reports on a shortage of cattle he did not feel there was a problem as everyone was still running a fair few in the area.
"We've come a long away from two years ago when we struggled to sell cattle," Mr Whitaker said.
"There was no feed and an abundance of cattle on the market.
"Today the market has turned around remarkably.
"We are going forward and the future looks very bright."
Mr Whitaker said everything was looking good for the steer sale on February 11.
"This is always an exciting sale to be part of and this year's will be the best ever," he said.
He said it would be a good opportunity for producers to market their cattle and compare it to others.
"This is a great benchmark as all are judged on their merit," he said.
"Plus producers can win some great prizes."