Saturday, March 30, 2024

Coalgate sale 15.02

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Prime ewes and dairy cows and heifers made up a significant portion of the Coalgate sale last Thursday, with all three classes selling well.
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The prime ewe pens were the busiest they have been this year, and the yarding was mainly medium and lighter lines. , On today's consistent market they traded at $121-$169 for the medium and good types, while few lighter lines dropped below $100. A small offering of heavy ewes made $230-$247 and 2-tooth’s sold for $90-$135.

Prime lamb numbers were in keeping with recent sales and much of the buyer focus was on the forward store types. These improved with medium's trading at $110-$137, while outside of the medium types prices were steady, with light lambs earning $92-$109, and the heavier end $140-$171.

A feature line of Corriedale ewe lambs was a talking point in the nearly 1500 head store lambs yarding and good competition for this line resulted in a $111 price tag. A good sized line of male lambs made $107, while mixed sex sold on a firm market with better types making $80-$100, and second and third cuts, $61-$79.

Store cattle numbers were moderate – consistent with what has been offered up recently. The R2 steer pens had a few noteworthy lines of beef-cross cattle and Angus-cross, 297-369kg, which traded at $2.87-$2.96/kg, while Hereford-cross varied from $2.73/kg to $2.95/kg. The highlight though was a line of eight Red Poll, 423kg, which cracked $3.00/kg to reach $3.07/kg. Their sisters at 355kg were significantly less at $2.62/kg, while the beef-cross heifers made good value at $2.62-$2.77/kg for 341-375kg.

The balance of the store section was weaner cattle in all shapes and sizes, and prices reflected the range. Feature lines of Hereford-cross bulls, 163-167kg, returned $530-$590, and Hereford-Friesian, 84-128kg, $310-$440. Friesian, 117-133kg, were good shopping at $360-$450. Apart from one small line of Shorthorn all beef-cross heifers traded at $300-$410.

A reasonable sized yarding of prime cattle was top heavy with heifers as both beef-Friesian and empty dairy lines came forward. Demand for local trade type cattle was solid and 403-560kg beef-dairy sold up to $2.86-$2.90/kg, with very heavy lines making $2.71-$2.76/kg. The dairy heifers also sold well as the better lines made $2.40-$2.60/kg, and 324-374kg, $2.20-$2.26/kg.

Dairy dominated the cow’s pens and prices held. A blanket could be thrown over most lines as 471-683kg traded over a tight range of $1.79-$1.90/kg.

Forward store steers also met keen interest as buyers look for lines to take on further. Angus, 523-525kg, sold to $3.02-$3.10/kg, while most other beef and beef-dairy lines returned $2.81-$2.88/kg.

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