Friday, April 26, 2024

Kaikohe sale 22.11

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The Kaikohe sale posted mixed results as export and weather outlooks made for cautious bidding last Wednesday, PGG Wrightson agent Vaughan Vujcich reported.
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The 2-year steer market was variable, with good beef lines selling up to $3.15/kg, though most were more realistic at $2.90-$3.05/kg. A small offering of bulls featured a line of 520kg, which had to be pushed to $2.80/kg, while heifers tended to range from $2.80-$2.95/kg.

Most of the action for the 750 head yarding was in the 1-year pens and there was an element of hesitancy in bidding. The 1-year steers were mainly Angus, Angus-cross, and exotic and good lines sold to $3.30-$3.45/kg, with medium types around $3.00/kg. A big yarding of 1-year bulls had well marked Friesians at $2.80-$2.85/kg, though beef and exotic lines were harder to shift and came off recent levels to finish at $3.10-$3.30/kg. In contrast heifer prices were steady, with $2.90-$3.10/kg the range, though most traded at $3.00-$3.10/kg.

In the weaner pens good steers, 150kg, sold up to $600-$650, with exotic lines making $3.40-$3.60/kg. Friesian bulls around 100kg sold for $500-$540, and beef lines $550-$600, while heifers traded at $450-$500.

A small yarding of dairy cows sold freely as demand from grazers helped the market, and most fetched $1.80-$2.10/kg. 

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