Friday, April 19, 2024

Feilding prime sale 12.02

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Numbers doubled on recent levels at Feilding on Monday as no sale the previous week compounded volume. Over 10,000 sheep were penned while cattle numbers pushed to nearly 300 head, of which the bulk were cows.
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The sheep section had some decent line sizes and the buying bench had a very familiar feel to it, with most of the regular players in action.

Compared to the last sale two weeks ago the lamb market had a softer tone as the top lambs sold for $143-$152, with heavy types making $130-$140. Medium type’s made up the biggest portion of the yarding and returned $110-$129.

Mutton is still enjoying a very positive run and the market reflected that confidence. Good to heavy ewes sold on a steady market at $120-$144, with results similar for medium and medium-good at $103-$118. There was more of a tail to the yarding with light ewes making $65-$88.

In the rostrum heifer and steer volumes were very low – a situation that has become all too familiar.  The only real heifer numbers were in the boner pens, where lesser quality Friesian, 365-455kg, traded at just $2.02-$2.08/kg.

A small offering of Friesian bulls, 555-585kg, firmed to $2.93-$2.96/kg, while one very heavy Simmental nearly hit $3000 as it traded at $2.70/kg. Jersey, 517-538kg, also made good returns at $2.77-$2.84/kg.

Beef cows and the high yielding dairy cows are still requiring upwards of $2.20/kg to secure, and a line of Angus-cross, 453kg, achieved $2.32/kg.  Large numbers of manufacturing cows took pressure off the buyers and prices generally eased.  The top Friesian, 596-665kg, sold to $2.20-$2.22/kg, though second cuts, 495-594kg, mostly traded at $1.90-$2.01/kg. 

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