Livestock producers across the country, including East Gippsland, are experiencing a readjustment of prices following a period of record highs last year.
Cattle prices have been the first to take a sharp drop with one High Country farmer recently telling Primary Producer, "the bottom has fallen out of the cattle market".
"I can't sell because I bought my yearlings at just under $1000 each and now I've grown them out for 18 months you'd be lucky to get $700-$800 for each heifer.
"It's a buyers market now, I need to make sure I've got enough fodder to take them through the winter in the hope the market will lift.
"I've just got to hold the fort while the prices recover."
IMAGE: Elders livestock agent, Bill Lynn, from Orbost, says the downturn in the livestock market is “not all doom and gloom”.
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