The beef schedules are still falling, with no signs they are at the bottom yet. North Island wait times are up to 5 - 6 weeks with the South Island waiting up to 3 weeks. NI lamb is back to $7.00, with SI lamb back to $6.95. On the dairy front, the GDT auctions are down this week by 2.9%, with WMP only down 2.6%. There are still a few export options out there for Friesian heifers for April/May delivery. Prices are the best we have seen for a few years. On the beef & sheep front, markets remain very sticky, but like any markets there are always buyers at a level. With run weaners coming to the market soon, it may be worth extending your buyer reach for your weaners, and marketing them on MLR as well as with your local agent!
Have a great week from the MLR team.