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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 help with agent profiles, listings or subscriptions please contact Luke or Matt!
LATEST MARKET PRICES
NI Bull | NI Cow | NI Steer | SI Bull | SI Cow | SI 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
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Herd of Good Cows, Capital Stock
182 Dairy Forward Contract Andrew.Leggett, Manawatu-Wanganui |
$1,675.00/hd
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Friesian, Friesian X, R2 Heifers
18 Dairy In Calf Heifers Andrew.Leggett, Manawatu-Wanganui |
$1,350.00/hd
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Capital Stock, Friesian, Friesian X, R1 Heifers
75 Dairy Heifers Andrew.Leggett, Manawatu-Wanganui |
$900.00/hd
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Vendor Bred Jersey Wnr Bulls
25 Dairy Service Bulls Colin Old, Waikato |
$500.00/hd
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Production F FX Cows
88 Dairy In Calf Cows Colin Old, Waikato |
$1,575.00/hd
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Just Jersey Top Up Line
45 Dairy In Calf Cows Colin Old, Waikato |
$1,500.00/hd
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3 Letter F Herd
400 Dairy Forward Contract Colin Old, Auckland |
$1,900.00/hd
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Autumn Calving Freisan Cows
100 Dairy Forward Contract Colin Old, Waikato |
$1,575.00/hd
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Friesian 3yr old Cows
67 Dairy Forward Contract Carrfields Livestock, Hawke's Bay |
$1,900.00/hd
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Fries & Fries x 3yr old cows
100 Dairy Forward Contract Carrfields Livestock, Wairarapa |
$1,900.00/hd
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Xbred 3yr Cows
75 Dairy Forward Contract Carrfields Livestock, Wairarapa |
$1,900.00/hd
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Aut Calving Xbred heifers
50 Dairy In Calf Heifers Carrfields Livestock, Manawatu-Wanganui |
NEG
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Top Quality R2 Pure Friesan Bulls
25 Beef Bulls Eastern Bull Farming Ltd, Bay of Plenty |
$2.85/kg
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Hereford Bulls
2 Beef Bulls Aotea Glen Herefords, Bay of Plenty |
$1,900.00/hd
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