Big online day for livestock at CTLX
Keeping the saleyard industry functioning is critical
Carcoar’s Central Tablelands Livestock Exchange (CTLX) monthly Store Sale on Friday (14 August) resulted in a big day of selling online with the saleyard restricted to agents and commission buyers onsite only.
Over 1200 cattle were on offer and 25% of the total sale was bid online resulting in $155,000 worth of livestock being sold via StockLive.
McCarron Cullinane Pty Ltd Agent Lindsay Fryer said it was one of the strongest days online with 120 people watching the sale and 17 online bidders.
“We had 600 steers, 500 heifers, 80 preg-tested cows and almost 40 cows/calves available and it was a strong market. Probably one of the strongest markets we’ve had in quite some time.
The combination of the physical restrictions and more and more people recognising the benefit of having StockLive available to them on sale day helped create strong competition and that’s really encouraging going into the future.”
First time StockLive user, buyer Adam Inchbold, purchased $90,000 or 58 head of cows, calves, heifers and steers in the sale.
“Our businesses have to keep moving forward, regardless of the changing environment at the sale yards due to COVID-19. I was able to secure the quality stock I wanted, and it was easy and time saving doing it from my farm office.
Purchasing this way again is definitely going to be in the mix for me.”
Northern Victoria Livestock Exchange (NVLX) also had another successful Store Sale last Thursday (13 August), despite Victoria’s tough COVID-19 restrictions hampering physical participation at the yard, with 14 online buyers bidding on 10% of the pens, resulting in $60,000 in sales via StockLive and 103 people watching online.
StockLive Manager Libby Hufton said: “Keeping the saleyard industry functioning is critical to supporting Australian agriculture at any time, but particularly during this unprecedented period.
Ensuring sellers and buyers can continue to access the market, no matter where they live, supports a viable and sustainable livestock industry.
Sale outcomes like we’ve seen recently demonstrate the growing flexibility of the industry in adapting to new ways of working. And we are really pleased to be playing a role in that.”
Marcus Schembri, Nutrien Bathurst - Tablelands Livestock pictured with 12 #Angus Heifers weighing 344kg. Congratulations to vendor Lyne Holdings Pty Ltd, these heifers sold online through StockLive for $1470/HD or 427c/kg.
