MARKET ROUND UP FROM THE FIELD...
A cold wet week for most with more of the same this week. Fonterra makes their announcement today to update the forecast payout for the 2016/2017 season. The current price is $4.25 so will be interesting to see if they can hold at that level given the state of the current world prices for product. Schedules are steady this week with little change.
With calving now well underway calves are still selling well with plenty of demand. Waikato and Taranaki will hit peak calving over the next week so we would expect prices to ease due to large numbers hitting the market. Beef calves are selling well with most well over $200. We have buyers looking for Inmilk cows and R1yr Fries & Fries x heifers so if you have surplus stock and need some extra cashflow then list them with MLR today!
BEEF & SHEEP SECTOR
Demand remains strong for store cattle with R2 steers and heifers fetching around $3kgLW. R2 Friesian bulls are selling around $3.10 - $3.20kgLW with R1 Friesian bulls around $3.50 - 3.60kgLW. Autumn Friesian weaner bulls are selling around $550 - $600. Store lambs are around $2.60 - $2.80kgLW this week.
LIVESTOCK WANTED THIS WEEK:
Our members are searching for the following livestock.
- Beef Bulls | All breeds | North & South Islands
- Dairy Heifers | Fries & Fries x | North & South Islands
- Beef Heifers | All classes | North & South Islands
- Dairy Feeder Calves | All breeds | North Island
- Dairy Incalf Heifers | All breeds | North & South Islands.
The MLR boys are happy to help with listing your livestock, creating your saved searches or profile pages so feel free to contact us!
Matt Muggeridge 027 237 8661 or email@example.com
Luke Mcbride 027 304 0533 or firstname.lastname@example.org
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