The price per kilo record was broken at CQLX when Brangus steers were sold for 572.2c/kg by Ray White Rural Gracemere agents Trevor Humble and Col Goodwin.

RLX wraps up on a strong note for 2020

THE culmination of national herd rebuilding efforts, favourable seasons in key production areas and demand for quality genetics made 2020 a bumper season for Regional Livestock Exchange saleyards across the nation.

Managed and operated by AAM Investment Group, the eight sites throughout Queensland, NSW and Victoria processed more than 640,158 head of cattle and 1,860,032 sheep in the last calendar year.

RLX general manager - operations Cye Travers said the strong sales volume was supported by RLX's adaptability in the face of COVID-19, and ability to provide a stable and safe selling environment to ensure no sales were postponed or cancelled.

And while the pandemic will be how many will remember 2020, Mr Travers predicted the cattle industry may reflect on the year as a watershed moment for price stability.

"I think the industry will look back on this year as a turning point for prices," Mr Travers said.

"The challenges the industry has faced coming off the back of drought, then dealing with the COVID-19 pandemic, proved selling rates are stable at this higher level.

"This could be the year where we see the end of the big peaks and troughs, and those extremes may be removed to make way for more sustainable prices for years to come."

The Central Queensland Livestock Exchange, Gracemere, broke recent records at its Wednesday prime and store cattle sale in November, reaching 572.2c/kg for the Eiser family's line of Brangus steers.

The sale came off the back of four consecutive weeks where the price per kilo record was broken.

Mr Travers said market growth was particularly strong for stud sales at CQLX, with prices topping at $210,000 for Clukan Boabab, a grey Brahman that smashed CQLX's own bull sale record by $60,000.

"CQLX stamped its authority as the premium stud selling facility and was home to higher sale averages and clearance rates compared to previous years," Mr Travers said.

"The industry as a whole was focused on reinvesting in the genetic base of their herds."

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