Angus cattle farmers are riding the high dollar and flat feeder prices by carrying stock through to heavier weight gains, says Guy Cunningham, Hazeldean SA.
“The current factors depressing the Southern Australian cattle market are things that producers have no control over,” says Guy Cunningham. “The high Australian dollar, tight credit for exporters and plentiful domestic supply is keeping the lid on prices for finished cattle. The challenge for producers is then to turn a better season and cheaper feed into profit.”
“Two successful strategies our clients have been pursuing include carrying cattle through to heavier weights either on grain or grass,” he says.
“Because they are running Angus cattle, they are benefiting from the significant progress made by the breed in both markets, as captured in the latest analysis by Angus Australia.
“What is pleasing to us is that the same research also shows that Hazeldean SA clients have been ahead of the breed average over the period shown. For example, the relevant indexes show the breed hit $75 towards the end of 2005 for the long fed index. Hazeldean passed this figure in 2003. Similarly for heavier grass fed steers the Hazeldean herd is around two years ahead of the breed
‘While it is too late for other cattle producers to resurrect the season, they might want to factor in these attributes when planning for the 2010 sales and beyond.”
NOTE: Reference charts from Angus Australia are available for publication.
Hazeldean SA is a joint venture between Guy and Sarah Cunningham and Hazeldean Pty Ltd, one of the largest Angus seedstock operations in Australia, selling more than 400 bulls throughout Australia each year. Hazeldean SA is based on the property, Gumbowie, at Willalooka, South Australia.
P: 0429 875 422