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flag Cattle prices in Victoria surged due to fewer interstate buyers, driven by high transport costs and regulations.

flag Cattle prices at Mortlake saleyards in Victoria have risen sharply due to a shortage of buyers from other states, increasing competition among local buyers. flag Industry reports attribute the trend to reduced interstate movement of livestock, driven by higher transport costs, regulatory barriers, and shifting trade dynamics. flag While specific price figures were not provided, the surge reflects broader market pressures affecting regional cattle markets. flag Despite the price boost, producers remain cautious about long-term stability, highlighting the vulnerability of local markets when external buyer participation declines.

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