Thursday, March 28, 2024

Feilding store sale 9.12

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Lamb numbers increased by another 1000 head to be over 8300 but the buying strength was up to the challenge and, almost surprisingly, lamb sale prices were firm to lifting. 
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The top price was less than last week at $88 for 111 blackface lambs from Masterton but most of the better lambs traded in a reasonably tight but firm range of cents/kg. Where the lamb market did lift was for the lighter and longer term lambs which recovered all last week’s ease and some more. Buyers are driven by dollars and, with so many in a position of surplus feed as well, this Feilding store lamb market continues to be competitive.

A greater proportion of the older steer section were Friesian cross cattle today and this dragged the two year steer average back a little but the good beef steers were steady and the top price overall was up at $2025 ($2.91) for 10 Angus cross steers. The yearling steer section was strong again with good Angus yearlings selling for $4.11-$4.27. The top price went to $1585 ($3.31) for 11 Charolais cross yearling steers, however.

Bulls came in three age groups with the older bulls steady with more numbers this week and yearlings, also in increased numbers which let the buyers be more selective, easing back. $1345 ($2.82) bought 8 well marked and forward Friesian yearlings.

Older heifers are not coming forward in great numbers but are remaining steady. Yearling heifers strengthened as the section proceeded and sold up to $1180 for good Hereford/Friesians. Lighter heifers seem to sell at similar prices to their heavier sisters.

Sheep (8,663): lambs (8,335); 30-35 kg, $71-$88; 20-30 kg, $49-$75.

Cattle (1,256): steers; 2yr, 420-696 kg, $1240-$2025; 1yr, 203-478 kg, $785-$1585; bulls; 2yr, 445-530 kg, $1270-$1535; 1yr, 207-476 kg, $470-$1345; weaners, 93-157 kg, $390-$500; heifers; 2yr, 367-488 kg, $1005-$1350; 1yr, 222-392 kg, $750-$1180.

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