More than 3000 head of cattle went through the South-West Victorian Livestock Exchange at the biggest store sale in over three years.
Warrnambool saleyards manager Paul White said farmers would have a good Christmas after bidders kept the prices high at the final store sale for the year.
"They have come from far and wide, it has been a big day," he said.
Mr White said 3059 head of cattle were sold, the highest number through in a single day since 2016.
"Prices are fantastic, everyone has a bit of grass so farmers from further away are sending them here," he said.
"We seem to be reaping the benefits in this area.
"Top price in the weighed steers was $334 per kilogram (approximately $1265 per head), and the top price in the open auction was $1170 per head."
Mr White said those figures represented a $30 to $40 increase above the top price at any recent sale.
"I think the prices will remain strong (into the new year), the ongoing drought in New South Wales and southern Queensland has to be having an effect on numbers. The unfortunate (situation) for them is lucky for us," he said.
"People are looking for good quality cattle."
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