General
Cattle producers celebrate the end of 2020 with record live export prices and rain
Cattle producers in the Top End of the Northern Territory are ending 2020 on a high with the wet season delivering above-average rainfall in December and cattle prices sitting at record levels.
Key points:
- Cattle stations are reporting hundreds of millimetres of rain for December, a far cry from last wet season
- Very high cattle prices are a real boost to the industry
- One producer said it was important the live export price did not get too high for markets like Indonesia
Gary Riggs at Lakefield Station near Mataranka has received around 400 millimetres this month and is still smiling after selling cattle just prior to Christmas.
“We got $4 a kilo for steers and $3.80 a kilogram for heifers, which is the highest price we’ve ever got,” he told…
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