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Industry Insights

Lot feeding reaches new heights for sixth quarter

The number of grain fed cattle in Australia reached a record high of 1.3 million headin the March quarter – the sixth consecutive lift - according to a report published on Thursday by the Australian Lot Feeders’ Association (ALFA) and Meat Livestock Australia (MLA).

Finance

LISTEN: Building Bridges, Not Barriers: Mediating Family Business Disputes with Kate Clark

Join us in this episode of the Wealth Wisdom podcast as we unravel the intricate dynamics of family conflicts within businesses. We've all witnessed seemingly insignificant disputes escalate into full-blown crises, threatening both the business and familial bonds. But fear not, because today, we're joined by Kate Clark, a seasoned mediator, to shed light on strategies for navigating these treacherous waters.Ever wondered why families struggle with tough conversations? Kate tackles this head-on, dissecting the root causes behind the difficulty. And what about mediation? Kate demystifies this essential tool, offering insights into its workings and effectiveness in resolving family disputes.But here's the kicker: You don't have to wait until things spiral out of control to seek mediation. Kate shares valuable indicators that signal the need for intervention. Plus, for those hesitant about professional mediation, she unveils alternative approaches to initiate conflict resolution within the family.If you've ever felt trapped in a cycle of family conflict, this episode is your beacon of hope. Tune in to glean invaluable strategies for fostering harmony and growth within your family business.

Property

Property Roundup: NSW Northern Tablelands property sets record price for region, Upper Murray jewel listed for sale after 170 years

In this week's Property Roundup:

Market Comments

Weekly Cattle Comments - Week ending Friday 24th May

This week listings rose 17% to 17,509 head. The average Value Over Reserve jumped $13 to $94 and the clearance rate dropped 22 percentage points to 53%. The AuctionsPlus Young Cattle Indicator fell 20 points to 359, meanwhile benchmark steers 280-330kg were down 6% to $1,109.

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Livestock Finance

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Featured Lots

Browse through the latest featured livestock listings.

72 NSM Future Breeders

Fucheng Woodlands Pty Ltd 100% Wagyu / Wagyu · 294.1kg live · 234kg live (min) · 394kg live (max) · 92% fat score 2 · 21 - 24 Months

$/Head Assessed

ARDONACHIE HOLDINGS 100% Angus / Angus · 225.7kg live · 198kg live (min) · 286kg live (max) · 100% fat score 2 · 8 - 9 Months

$/Head EU PCAS Elig Assessed

54 Weaned Steers

AP & SM CROFT 100% Shorthorn / Shorthorn · 304.1kg live · 250kg live (min) · 371kg live (max) · 44% fat score 2 L · 8 - 9 Months

$/Head Assessed

72 Feeder Steers

AUSTRALIAN LIVESTOCK COMPANY 90% Santa Gertrudis / Santa Gertrudis · 414.2kg live · 385kg live (min) · 449kg live (max) · 100% fat score 2 · 18 - 28 Months

$/Head ORG Assessed

EAST TOLANS PTY LTD 100% Merino / Merino · 63.8kg live · 388 merino ewes 2020 drop, SIL to kismet White Suffolk rams to commence lambing 23/7. They are carrying 58% multiples and 75mm of wool. This is a run out the gate of 776 ewes' other lots in same sale.

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