The Weekly Weigh In

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My Loading Ramp Team
My Loading Ramp

THE WEEKLY WEIGH-IN

The latest livestock listings, prices and industry news

Hi

SHORT SHARP MARKET ROUND UP..

Most regions got a good dose of rain this week, taking the pressure off drier regions like Taranaki. Beef Schedules are a mixed bag, with the North up 5 cents, and the South back 5 cents. NI lamb has lifted to $7.10, with SI lamb lifted to $6.95. 
 
In the Dairy Sector
The GDT auction was down 0.6% this week. The news we seem to be hearing around the tracks at the moment is a larger then normal number of Fonterra farmers leaving at end of season, especially in the Waikato and Taranaki, and a few in the Lower North Island. Some are changing to beef or cropping, with others moving their milk supply to competitors.The big question now is, Is Fonterra failing its own farmer shareholders? On the market front, Autumn calving is now underway, with Friesian bull calves fetching $200 - $300 depending on quality, and W/H bulls around $300 plus. Cows and heifers are moving with prices silmar to recent weeks. 
 
In the Beef & Sheep Sector
Demand for store lambs has lifted this week, with most fetching around $3 - $3.20kgLW. Run weaners have hit the sales this week, with most 250kg steers trading for $4 plus. Demand so far is strong for weaners, so it will be interesting to see where this market finds its level over the coming weeks. Friesian R2 bulls are trading around $2.80 - $2.90kgLW. 400kg Beef R2 Steers are fetching $3 - $3.30kgLW. 
 
Have a great week from the MLR team. 
 
CONTACT US...
For support you can email our 24 hour support desk at support@myloadingramp.nz  
For help with agent profiles, listings or subscriptions please contact Luke or Matt!  
Luke Mcbride | M. 027 304 0533 | E. luke@myloadingramp.nz  
Matt Muggeridge | M. 027 237 8661 | E. matt@myloadingramp.nz

LATEST MARKET PRICES

NI BullNI CowNI SteerSI BullSI CowSI Steer
$5.45 ↑$4.40 ↑$5.65 ↑$5.20 ↓$4.30$5.40 ↓
300 kg/cw 230 kg/cw 300 kg/cw 300kg/cw 200kg/cw 300kg/cw

NEW LISTINGS THIS WEEK

LST-2535 Top Quality R2 Pure Friesan Bulls

25 Beef Bulls
Eastern Bull Farming Ltd, Bay of Plenty
$2.85/kg

MAKE OFFER
LST-2534 Hereford Bulls

2 Beef Bulls
Aotea Glen Herefords, Bay of Plenty
$1,900.00/hd

MAKE OFFER

 

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