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Prices rose in some categories at the Mortlake store sale on Thursday, with steers averaging 540c/kg and a top of 605c/kg. Buyers travelled from across the state and Gippsland to bid.
Rainfall in the area has been light, with some dams empty and grass thinning.
Firm cattle prices and dry conditions in southern Victoria tend to tighten feeder supply and support cattle values, with limited direct effect on feed grain or meal prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.