Friday, March 29, 2024

Coalgate sale 19.04

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Prime and boner stock featured at Coalgate on Thursday as over 2000 lambs were penned and respectable numbers of cows came forward.
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After a run of special entries the previous week the store lamb section settled, and there was a notable easing for lighter lambs. These types lacked quality and condition which made for cautious bidding, with prices of $30-$75 on the table. They only made up a small portion of the yarding though, with most lambs trading at $90-$107 for medium-good, and the top lines, $110-$117. One line of 114 males reached $120.

Prime lamb numbers increased by 700 head but the market was resilient. Heavy lines achieved $150-$161, and covered just over 40%, while nearly all other lines sold for $110-$149.

 After a very consistent run the ewe market came off recent levels, though only marginally. A nice line of 2-tooths traded at $150, while the overwhelming majority of the mixed age ewes were light to medium types which sold for $100-$138. A smaller portion reached $140-$189 and a handful of small lines sold as low as $60-$74.

The cattle sale continued in a similar vein to recent weeks, with just small lines of store cattle, and prime and boner cattle outnumbering the stores.

Steers tallied 60 head and prices held at the previous week's discounted levels. Better lines in a 530-718kg range made $2.63-$2.72/kg, with the remainder earning $2.55-$2.56/kg. Beef heifer values were very similar as 520-614kg went under the hammer for $2.60-$2.66/kg, though this was on a softer market. Second cuts, 495-505kg, made $2.52-$2.60/kg, while boner heifers mainly traded at $1.60-$1.80/kg. Bull prices were variable dependent on the yield potential, with a few lines managing to surpass $3.00/kg, though most sat at $2.11-$2.86/kg.

A good flow of cull dairy cows continue to hit the yards as space is at a premium, and for that fact also prices eased quite considerably. One line of two beef cows managed $1.80/kg but the best that could be mustered up for 642-703kg was $1.63-$1.70/kg. That was good going considering that medium lines dropped to $1.35-$1.54/kg, and lighter types even further to $1.25-$1.28/kg.

Anyone looking for small lines of store cattle were in luck, as that was precisely what the yarding was made up of. With a number of vendors offloading a few the sale tally pushed to 170 head. Features included a line of six R2 Hereford-Friesian steers at $2.69/kg, and similar weighted heifers which made $2.52/kg. R2 Friesian bulls made up a big chunk of the yarding though prices eased as 347-360kg returned $2.56-$2.62/kg, with heavier lines discounted to $2.40-$2.43/kg.

Weaner numbers were low and three lines of Hereford-Friesian bulls were the highlight, with 170-194kg trading at $455-$600. 

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