Echuca Saleyards Secures Top Prices for Young Cattle in Victoria

Echuca saleyards in Victoria have taken the top spot for the highest average price for yearling steers and heifers in the 2024-25 financial year, with prices reaching 362c/kg liveweight and 322c/kg respectively. This comes after the saleyards shifted to a weekly sale format, attracting significantly more numbers and increasing the volume of cattle being sold. Echuca's Elders branch manager, Matthew O'Connor, attributes the success to the area's climate and the high volume of grain-fed cattle being sold through the yards.

Key Takeaways:

  • Echuca saleyards achieved the highest average price for yearling steers in 2024-25, with a monthly average of 362c/kg liveweight.
  • Echuca saleyards also secured the top yearling heifer price for 2024-25, with a monthly average of 322c/kg.
  • The average price for yearling steers at Echuca was 28c/kg higher than the second-highest price at Wodonga (349c/kg).
  • Wodonga had the highest average price for yearling steers in the 2023-24 financial year (282c/kg).
  • Pakenham saleyards were previously thought to have the best price outcomes for vendors, but data shows Echuca has overtaken them since shifting to a weekly sale format.
  • Echuca saleyards have seen a significant increase in numbers, with 7807 yearling steers offered in 2024-25 compared to 3553 in 2023-24 (up 119%).
  • Leongatha saleyards have also seen an increase in numbers, with 8080 yearling heifers offered in 2024-25 compared to 4498 in 2023-24 (up 79%).

Statistics:

  • Echuca saleyards achieved an average price of 362c/kg liveweight for yearling steers in 2024-25.
  • Echuca saleyards secured an average price of 322c/kg for yearling heifers in 2024-25.
  • Wodonga saleyards had an average price of 349c/kg for yearling steers in 2024-25.
  • Echuca saleyards had 7807 yearling steers offered in 2024-25, up 119% from 3553 in 2023-24.
  • Leongatha saleyards had 8080 yearling heifers offered in 2024-25, up 79% from 4498 in 2023-24.

Sources:

  • The Weekly Times
  • Meat and Livestock Australia (MLA)
  • Elders Echuca branch manager Matthew O'Connor
  • MLA senior market information analyst Erin Lukey