Wednesday, April 24, 2024

Feilding store stock sale 15.12

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With a lamb yarding more than 10,000 head fewer than last week and the South Island having been told lamb sale prices were cheap last week, lamb prices (and lamb vendors) enjoyed a sale price lift of around $10-15/hd. 
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The top lambs did not change a great deal but the medium and lighter lambs that were punished last week lifted significantly. With the rain being so localised, local buyers were not particularly active and most lambs left the district.

Ewes, $51-$85; Lambs; heavy, $87-$119; medium, $67-$92.50; light, $44.50-$83.

Cattle prices also enjoyed a firmer day, especially the better traditional cattle. Once again, the yarding was dominated by yearling cattle but the total yarding was also much smaller than last week. The top older steers sold up to $1825, $3.05/kg, for 20 Angus and 20 heavy Angus yearlings sold for $1660, $3.12/kg. The weekly indicator two-year steers from a regular sold for the same rate as last week.

Bulls, however, continued to ease. Four two-year Angus bulls sold for $1545, $2.81/kg, in a steady market but the top 16 yearling Friesians sold for $1218, $2.54/kg.

Some pens of the yearling heifers definitely looked buyable later in the sale but it's not easy to find a home for them. The older heifers were held back by a lack of quality and numbers but there were some useful yearling heifers.

Steers; 2yr, 375-599kg, $1370-$1825, $2.75-$3.15/kg; 1yr, 132-532kg, $380-$1660, $2.71-$3.44/kg; Bulls; 2yr, 410-550kg, $1110-$1545, $2.71-3.44/kg; 1yr, 273-479kg, $720-$1218, $2.51-$3.78/kg; Heifers; 2yr, 285-440kg, $590-$970, $2.07-$2.53/kg; 1yr, 173-408kg, $520-$1090, $2.49-$2.89/kg. 

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