Friday, April 26, 2024

Feilding prime sale 15.10

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Little time was spent in the rostrum at Feilding on Monday as 26 cattle were penned.
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Boner cows, 456-475kg, traded at $1.78-$1.87/kg, while Angus and Angus-Charolais cows, 512-640kg, made $2.00/kg. Angus also featured in the bull pens with two ex-service, 950-990kg, earning $2.38-$2.40/kg to trade above $2200. 

Prime hogget volume fell by just over 2400 head, which brought some relief to the market and halted the downwards price trend. Very heavy male and mixed sex reached $190-$193, while 117 ewe hoggets earned $189. Most other lines sold for $165-$186 across all classes, while a few fresh 2-tooths returned $100-$140. Small lines of new season lambs sold for $115-$174. 

The introduction of a ewe contract helped bring some certainty around mutton pricing and underpinned a steady ewe market. Very good ewes sold for $155-$165, good $139-$150 and medium to medium-good, $122-$135. 

A larger than usual yarding of calves sold on a softer market, with all classes easing. Hereford-Friesian bulls of quality reached $190-$260, and heifers, $120-$160. The top lines of Friesian bulls made $140-$160, while most others heifers returned $40-$90.

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