Week Ending 31/01/2020
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Recent developments in the processing sector have been confirmed that the Australian Meat Group (AMG) have purchased the Cootamundra Abattoirs from the Manildra Group.
They are known widely for their expertise in flour and sugar milling stock feed production and a host of other commodities.
When they purchased the abattoirs in an effort to grow their agri-business base, they then encountered the 2015 surge in lamb and cattle prices which saw many in the processing side be de-railed.
A spokesman for Australian Meat Group (AMG) said that the abattoirs being a multi-species plant was a great attraction to the company but in the short term the facility will only process cattle.
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The plant whilst still in good fettle will no doubt undergo some refurbishment to prepare for the opening day.
The abattoirs are a tier two export license allowing access to most of the major players including United States of America, Japan and Korea.
But to the best of the writer's knowledge does not as yet have access to the vast and lucrative Chinese market.
No start-up date has been announced and no purchase price has hit the street as yet.
Intending vendors are advised that the next goat sale to be held at the Dubbo Regional Livestock Complex is scheduled for Tuesday, February 18, commencing at 11am.
Many Dubbo agents are involved in these days so please advise your preferred agent of your intentions at the earliest opportunity.
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While on the subject of Dubbo Saleyards, agents have booked dates for store cattle sales in February and March so graziers seeking to sell, or source store cattle should pencil these Fridays into their diaries.
Dubbo Regional Council, the owners of the Troy Complex, have commenced the building of a new state of the art truck wash for the centre.
This will give the saleyard three truck washes.
Since the rain events of late January much of which was very patchy the physical cattle market has bounced to much stronger levels.
A sale last week that caught the eye was that of a run of 33 full mouth British Euro Cross Bullocks weighing 754kg.
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The cattle had spent three years up on the border near Goodooga and when the season broke, they returned to the tableland country to be fattened.
They were an outstanding line of beautifully presented bullocks knocked down at almost $3.00cents per kilogram liveweight and returned $2262.00 per head.
The cattle went to the north of Queensland for processing.