Friday, March 29, 2024

Coalgate sale June 9

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Good rain and mild conditions led to an increase in interest for store cattle at Coalgate on Thursday, and quality lines were well sought-after.
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The sheep pens were quiet with most of the action in the prime lamb section. Fourteen hundred lambs sold on a lifting market as demand increased, with prices up $3-$5. Most of those offered sold for $90-$128, with a small top end earning $130-$133.

Improvements in schedules helped the ewe market, and most of the yarding sold for $70-$87, with just a small number of medium types earning $50-$69, 2-tooths $35-$78.

Store lamb numbers continued to drop with just over 400 on offer. With good demand, most sell for $70-$85. 

Prices improved for a small offering of prime steers, and 11 medium steers sold for $3.10/kg, most other lines $2.82-$2.92/kg. Bulls mainly sold for $2.52-$2.64/kg. Heifers were a mixed bunch and a few small lines sold for $2.81-$2.84/kg, though most were all over the place. A number of lines were dairy-cross and returned less than $2/kg.

Good beef cows sold for $1.80-$1.89/kg, medium types $1.58-$1.73/kg.

Buyers were spoilt for choice in the moderate yarding of store cattle, with good numbers of steers and heifers, which included a consignment of 80 Angus steers from the Chatham Islands. The top lines sold for a premium over lighter types at $3.06-$3.07/kg, second cut $2.90-$2.96/kg, third cut $2.78-$2.83/kg. Angus-cross made up most of the R2 heifers, but were lesser types and sold to limited interest, making $2.01-$2.09/kg.

Good quality R1 beef cattle were well sought-after with four heavy Charolais cross steers selling for a tidy $1000. Most other lines of steers made $540-$790 for beef lines, and $350-$430 for Friesian-cross. Angus, & Angus-Hereford heifers, made $530-$540, Hereford $590-$630.

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