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 areas are now in need of some rain, but it looks like we will be waiting another week! Beef schedules are steady overall this week. NI lamb is steady at $7.00, with SI lamb now at $6.70. On the dairy front, the GDT auction was up 1.9% overall, with WMP up 4%. News this week that Fonterra is back in the black, but still working on selling off assets to reduce debt in the coming months. On the beef and sheep front, store cattle markets are steady at the moment, with R2 Friesian bulls trading around $2.70 - $2.80kgLW, and R2 steers at $3 - $3.20kgLW, and heifers around $2.80kgLW. R1 bulls are trading at $3.60 - $3.90kgLW, with R1 steers at $3.80 - $3.90kgLW, and heifers at around $3kgLW. Store lambs are fetching $3.40 - $3.60kgLW. 
 
Have a great week from the MLR team.

LATEST MARKET PRICES

NI BullNI CowNI SteerSI BullSI CowSI Steer
$4.90$3.70 ↑$5.30 ↑$4.70 ↓$3.60$5.05 ↑
300 kg/cw 230 kg/cw 300 kg/cw 300kg/cw 200kg/cw 300kg/cw

NEW LISTINGS THIS WEEK

LST-2790 CRV Friesian & Frsn x C/O Cows

25 Dairy Carry Over Cows
Progressive Livestock Ltd, Hawke's Bay
$1,500.00/hd

MAKE OFFER

 

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