Saturday, March 30, 2024

Coalgate sale 17.05

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It was a solid sale for the majority on Thursday at Coalgate with just over 3200 yarded, backed by mainly local buying power. Top store lambs softened on recent levels with heavy mixed sex lines earning $100-$112, medium types were steady at $80-$94.
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 Medium and heavy ewe lambs were solid at $84-$93, while male lambs fetched $77-$100. 

Prime lambs were hot property and prices lifted $7-$9 for the top end. Medium and good types also lifted by similar margins trading at $140-$179, and the lighter end firmed to $120-$139. 

A single ewe managed top honours for the day at $192, though this was well short of recent top levels. Other heavy lines made $175-$182, with good types steady at $143-$166, medium ewes earned $110-$135, and the lighter end were solid at $68-$106. Rams traded at $60-$116. 

Scanned-in-lamb ewes are starting to make an appearance. Nine 2-tooths earned $154, and mixed-age lines were picked up for $149-$176.

A sizeable bench of buyers were in place for a moderate yarding of just under 700 head. Expectations were met with the majority of the yarding trading at current market values, though some did manage to lift on recent levels.

R2 steers regained some ground with small lines of Angus, 345-396kg, strong at $2.82-$2.84/kg for most, Hereford-Friesian, 398-451kg, earned $2.66-$2.84/kg.

Dairy-beef weaner steers lifted with 169-218kg, earning $590-$735, $3.33-$3.49/kg. Angus heifers, 250kg, were solid at $785, $3.14/kg.

Friesian bulls softened with 207-225kg, back at $570-$620, $2.65-$2.78/kg, lighter 107-126kg lines were harder going and managed just $280-$300.

A feature was a consignment of vetted-in-calf traditional mixed-age cows, these were well sought after with buyers from mid and South Canterbury as well as Marlborough all vying for them. Angus 485-661kg, traded at $1200-$1580, and Hereford, 550kg earned $1200.

Angus-Hereford run-with-bull, 433-611kg, fetched $900-$1120.

The prime market was solid for the majority. Prime steers, 545-600kg softened to $2.58-$2.62/kg, whilst 447-506kg lifted to $2.57-$2.67/kg. Heifers, 410-442kg, earned $2.42-$2.61/kg, and 355-400kg returned $2.22-$2.40/kg. Prime cows, 561-643kg, lifted to $1.81-$1.87/kg

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