Drought hits young cattle prices

Marts: The longer term effects of the drought is impacting with greater severity on the trade for young cattle at the marts, where the demand and prices were maintained for the forward animals yesterday.

With a crisis in feed supply for over-wintering of stock looming, farmer interest in the purchase of light and young animals has plummeted.

In areas of the country where grass supply has been depleted for weeks there is no interest in buying-in stock because home produced feed is unavailable.