RLX Leongatha First Week

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Regional Livestock Exchanges (RLX) today marked the first week of operations under its ownership of
the Leongatha saleyard with three successful sale days that delivered good prices for producers and
quality stock for buyers.

The Store sale today offered 2,200 head, which was a strong start to the year that included some
interest from north of the border with 10% of the yarding heading to NSW. Primarily a re-stockers
market of young cattle, processors secured just under 10% of the numbers with a small percentage
also to feedlots.
Earlier in the week, the Annual Feature Female Sale offered just shy of 200 head of quality Beef
Females. Heifers were strong, selling to a top of $3,550 and averaging $2,587 while females with
calves averaged $2,860 and topped the market at $3,700.
Tuesday’s Prime sale saw 32 individual purchasers operating on a typically small first sale of just over
1,000 head, with all cattle remaining in Victoria. Processors were strong, securing two-thirds of the
yarding. Slaughter stock categories were firm to 30c dearer, while re-stocker cattle eased 5-30c
across categories, except for dairy cows back to the paddock which gained 25c on the previous sale.
The mood was positive all week with everyone at the sales hoping for a good year.
RLX’s Leongatha saleyard is an industry-leading livestock selling centre strategically located on the
South Gippsland Highway. With roofing over the selling pens, soft flooring, and heavy-duty asphalt
covering the surrounding area, the yard is a top-class facility serving eastern Victoria.
Quotes attributable to Brett Freer, CEO of RLX:
“It has been fantastic to see the team work together to support a smooth transition without
interruption for the people that utilise the Leongatha site.”
“The support for RLX from the community has been fantastic and I personally have enjoyed attending
a number of important local events this week, such as the Dumbolt Country Camp Draft.”
“The team at RLX look forward to deepening our connections with the community to ensure that the
Leongatha saleyard remains an integral part of the South Gippsland region serving eastern Victoria.”