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 if not all the country is covered in grass at present, keeping most farmers smiling. NI manufacturing beef is back around 10 - 20 cents, with SI beef schedules steady overall. Talks are beef schedules will ease further heading into Christmas! NI lamb is back to $7.90, with SI lamb back to $7.70 this week. On the dairy front, The GDT auction was up 2.2% overall, with WMP up 2.5% this week. Fonterra has announced the revised payout range down to $6 - $6.30/kg. Dairy farms are slowly selling, with prices back on last year, and some going to beef at these new levels. Herds are selling around $1800 - $2000, however there are very limited sales at present. I/C heifers are selling around $1600 - $1800 for local & export markets. Weaner heifers are around $500 - $650 depending on quality. On the beef & sheep front, store cattle demand is being fueled by plenty of feed now, with Friesian 1yr bulls fetching $2.80 - $2.90kgLW, and Friesian wnr bulls around $450 - $500. 1yr Steers are fetching $3.50 - $3.70kgLW, with heifers around $3 - $3.30kgLW. 2yr Steers are around $3 - $3.20kg, with heifers around $2.80 - $3.00kgLW. Store lamb markets remain hot this week, with prices $20 - $30 up on last year. Plenty of demand fueled by plenty of feed is seeing most fetching $3.70 - $4. 

Have a great week from the MLR team.

LATEST MARKET PRICES

NI BullNI CowNI SteerSI BullSI CowSI Steer
$5.00 ↓$3.85 ↓$5.50$4.75$3.80$5.30
300 kg/cw 230 kg/cw 300 kg/cw 300kg/cw 200kg/cw 300kg/cw

NEW LISTINGS THIS WEEK

 

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