Friday, April 26, 2024

Rangiuru sale 13.11

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Movements in prices at Rangiuru on Tuesday may have been small but they were heading in the right direction as much of the sale sold on a buoyant market.
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Prime heifers replaced steers and good yielding Angus and Hereford-Friesian, 453-463kg, reached $2.91-$2.92/kg, with 465-490kg beef-dairy firm at $2.89/kg. Most steers made $2.90-$2.98/kg. Boner cows were variable though run-with-bull Friesian, 511-560kg, made solid returns at $1.84-$1.86/kg.

The two-year pens were quiet and steer prices were very consistent at firm levels. Beef-dairy, 380kg-498kg sold for $2.82-$2.91/kg, with the heavier end attracting a premium. A small entry of heifers also firmed and 361-410kg made $2.72-$2.80/kg, while two lines of Friesian bulls, 338-431kg, earned $2.37-$2.41/kg.

Some lines of yearling steers pushed up to weights seen in the two-year pens and values were similar. Angus-Friesian, 372-417kg, made $2.82-$2.91/kg, as did Hereford-Friesian. Lighter weights attracted higher $/kg and 320-336kg Hereford-Friesian firmed to $3.06-$3.07/kg, with 250-300kg better at $3.20-$3.28/kg. Heifers firmed slightly and Angus-Friesian, 323-337kg, made a premium at $2.79-$2.82/kg over Hereford-Friesian, but were matched by lighter lines on a $/kg basis.

The sale again concluded with small entries of weaner cattle and Friesian bulls, 110-117kg, were off the pace of weaner fair levels at $405-$442.

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