News

Cattle price drop and drought hurts farmers

FALLING cattle prices are hitting farmers hard, with a 50 per cent drop over the past 18 months causing pain in the Gladstone region.

Statewide agricultural industry association Agforce says the market is flooded with cattle being offloaded because of drought, but some farmers believe there is also an oversupply of cattle alongside tougher markets.

>> Local producers' beef too expensive, butcher says

Boyne Valley cattleman Shane Mossman's family has a long history in working the land, from timber, to dairy and now beef.

"The meatworks are screwing us," he said.

"We're price takers - they sell it for more, have a look in the shop."

Mr Mossman sells his cattle through the saleyards in Monto, and said it had been increasingly difficult to get a good price.

He attributes the state of the market to a lack of competition, and says producers used to be met by over a dozen bidders at an auction, which are now dominated by two or three buyers.

Mr Mossman feels the system has become unjust.

"We're peasants, the people on the land. We've always been," he said.

Monto Cattle and Country owner Brad McInally said the markets were a lot tougher now than a few years ago.

But he rejected claims that buyers were trying to rip off farmers.

"The cattle that are feeling the pinch are those that don't make the specifications," he said.

"I don't blame them for whinging, but they've got to up the ante and make their cattle better. No one's winning, put it that way."

Drought is the real cause of price decline, he said.

"The whole of Queensland needs rain, that's for sure.

"People are culling a lot of cattle and selling their underweight ones to conserve grass for their breeders."

Mr McInally said nobody was winning at the moment, but he was confident prices would go back up when it rained.

He said in some cases, cattle prices had a 50 per cent reduction over the past 12-18 months, and prime meats had received a 20-30 per cent price drop.

But one thing on the farmers' side is the market for beef in Queensland, which remains strong, Mr McInally said.

"Grass-fed markets are very good. The ones that are certified are getting good premiums," he said.

He said the long-term weather forecast did not look great though, with predictions of El Nino this year.

"A lot of people are conservative about the number of cattle they can run," he said.

But once the season breaks Mr McInally expects significant price increases.

Topics:  agricultural boyne valley drought farmers



Six hideaway bars to escape winter chill

THE last season of GoT finally uttered the words we’ve been waiting six seasons to hear and now that the weather has cooled down in Brisbane, “winter is here.”

Our six art gallery picks for a creative day out

Queensland's Gallery of Modern Art always has a fun, exciting and interesting exhibition on show for the whole family to enjoy.

YOU'D be mistaken in thinking Brisbane wasn't an arty city.

Brisbane's arts and culture events centre stage

You loved the film, now you're about to love the musical. Don't miss The Bodyguard The Musical in Brisbane this July.

THE arts and culture events you don't want to miss.

Homewares stores to fulfil your Instagram dreams

No Caption

You too can become an Insta-star with these fab stores.

Date nights under $50

Nothing is more romantic than a picnic with a cracking view.

NOT every date has to cost you a bomb.

Top 10 Brisbane experiences to cross off your bucket list

Do yourself a favour and get amongst the food truck scene. Eat Street is a great place to start.

A GOOD bucket list doesn’t have to span continents or cost millions.

Six mega sporting events you need to be at this year

Don't miss all the action trackside this season.

IF THERE is one thing Brisbane does damn well, it’s play host.

Could Schapelle be heading for Gladstone?

Australian Schapelle Corby is escorted by Bali Police at the parole office in Denpasar, Bali, Indonesia, 27 May 2017.

Schapelle's mother teases her free daughter could be Gladstone bound

Fraudster couple fails at same scam twice

Gladstone CBD from The Oaks Hotel roof, Febuary 17, 2015.

Photo Mike Richards / The Observer

Gladstone man and woman attempted to rip off two local businesses.

Local Partners

Battle raging over money to fund CQ roads

Funding for CQ's road upgrades is being ripped out of the region leaving our projects languishing at the starting line says QLD Minister.


Win a $1000

GROCERY GIFT CARD!
Learn More

What to expect at Birds of Tokyo's Ipswich gig

The band will perform at the Racehorse Hotel on Friday.

BAND member Glen Sarangapany talks music, pub grub and doing shoeys

What public holidays are left in 2017

Ipswich residents will get the day off tomorrow for the show.

IPSWICH residents will get tomorrow off for the show

Caitlyn comes home to launch debut album

Gympie's Caitlyn Shadbolt will launch here debut album Songs On My Sleeve at an exclusive all-ages concert in Gympie on Friday, May 26.

Win tickets to Caitlyn's album launch

Karl Stefanovic's rant about Schapelle Corby 'a bit rich'

The fact is Stefanovic is paid extremely well by a television network that lives and dies by ratings.

Gladstone gets cheesy with espresso bar masterclass

CHEESE EXPERT: Special guest Peter Gross shared his knowledge on everything about cheese.

'Something we could do': more food events for region

Could Schapelle be heading for Gladstone?

Australian Schapelle Corby is escorted by Bali Police at the parole office in Denpasar, Bali, Indonesia, 27 May 2017.

Schapelle's mother teases her free daughter could be Gladstone bound

Six things you never knew about Men in Black

Mushu the pug

It's been 20 years since Men in Black first hit cinemas

10 strange stories behind famous sex scenes

Khaleesi and Khal Drogo in a steamy moment.

Every set has their own way of filming sex scenes

HBO spills new details on Game of Thrones’ final season

Game of Thrones’ eighth and final season will only have six episodes.

New details about what to expect from the eighth, final instalment.

Karl’s rant on Corby: ‘Made to look like idiots’

Karl Stefanovic is sick of hearing about Schapelle Corby.

Today co-host launched a tirade against Schapelle Corby media circus

New $46.7m counter-terrorism facility to be built in Wacol

Premier Annastacia Palaszczuk, pictured with Police Commisioner Ian Stewart, has announced plans to build a new counter-terrorism facility in Wacol.

The facility will be built over three years.

Home to a sex worker: Sordid history of iconic Coast shed

Milojevic Djordjevic's daughter Linda at the derelict shed on Yandina-Coolum Road.

The shed was once a liveable 'barrack'.

This is real estate's billion-dollar man

Bob Wolff at AREC with John McGrath of McGrath Real Estate.

They don’t call him the “Billion dollar man” for nothing

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

Report reveals progress on $319m airport upgrade

Aerials of the Sunshine Coast.Jetstar plane in front of the Susnhine Coast terminal, Sunshine Coast Airport.

Over two dozen government approvals needed for airport expansion

Ready to SELL your property?

Post Your Ad Here!