Friday, March 29, 2024

Kaikohe sale 13.06

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Vendors had to meet the market at Kaikohe on Wednesday, as very few buyers came forward for the 250 head yarding.
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With up to three weeks wait at local processors farmers have been unable to offload finished stock, and are therefore unable to re-enter the market, PGG Wrightson agent Bernie McGahan reported.

Well-bred R2 steers sold for just $2.60-$2.65/kg, with lesser crossbred lines making $2.40-$2.50/kg. If the steers were hard work the heifer market was twice as bad, with very nice beef heifers selling for a song at $2.35-$2.42/kg. 

A small yarding of R1 steers mainly sold around the $3.00/kg mark, while heifers made very similar $/kg values as their older sisters at $2.40-$2.45/kg. 

Bulls were of very mixed quality and traded around $2.00/kg. 

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