We're still seeing some downward pressure on the meat schedules. Most meat companies are chocka block with cull cows and bulls. Some M Bovis cows are hitting the chains across the south island, and even more dairy farmers taking the opportunity to drop anything that looks suspicious. The East coast is due for a good dump of moisture over the next few days. We're hoping this will create some much needed demand for stock. 1st of May is TUESDAY! There is an abundance of heifers being trucked around. We still have some last minute demand on incalf lines, with quality top lines of incalf heifers fetching up to $1650, and down to $1100 for unrecorded lesser types. 4 weeks till the 1st of June, with plenty of cows still to sell. Dairy Herd prices are ranging from $1450 - $1900 depending on quality. Some serious demand for quality animals, but not so much on the lesser types. On the beef front, store bulls around 400kg are trading around $2.60kgLW, with 200kg R1yrs making around $3.30kgLW. R2 steers are trading around $2.90kgLW, and R2 heifers fetching around $2.60kgLW.
Have a great week from the MLR team.
My Loading Ramp Team
