Wednesday, April 24, 2024

Lorneville sale 13.02

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Rain since the last regular sale two weeks ago has brought more optimism to the marketplace at Lorneville and store lamb prices showed improvement last Tuesday, although a medium yarding of mixed quality cattle was sound.
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Good store lambs sold up $85-$100, with medium types earning $70-$82 and light $60-$68. There was a tail end to the section which traded at $40-$50.

A good line up of prime lambs had top values at $130-$154, medium $115-$127, and light, $90-$109. Ewes continued their consistent run and the heavy lines sold up to $130-$162, medium $102-$128, and light, $82-$92, with very light lines making $40-$60. Two-tooth’s earned $120-$170, and rams, $80-$96.

Beef heifers outshone the steers and bulls in the prime pens, where a line of 605kg made $2.64/kg, which was a 14c/kg premium on the males. Dairy heifers, 350-400kg, were off the pace at $1.70/kg, bringing them in line with medium dairy cows, 400-500kg, at $1.70-$1.80/kg. Lesser dairy heifers, 300-350kg, returned $1.50-$1.60/kg. Good dairy cows, 500kg plus, sold on a steady market at $1.85-$1.90/kg.

Prices were considered to be sound for a medium yarding of mixed quality store cattle. Features included R3 beef-cross heifers, 460kg, $2.53-$2.55/kg, and R2 steers, 329kg, $2.16/kg. Friesian bulls, 399-435kg, made solid enough returns at $2.44-$2.46/kg, given the market environment.

Good weaner heifers sold to keen interest as the smaller outlay attracted a few extra buyers. Beef-cross, 140-160kg, returned $500-$550, though lesser lines, 110kg, made just $300-$350. Bulls of similar weight and breed traded at the same level.

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