Saturday, April 27, 2024

Taranaki cattle, dairy beef weaner fair 07.11, 08.11

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Three weeks of small sales meant Taranaki’s Wednesday yarding was easy to absorb, and the whole sale had a buoyant tone. The dairy-beef weaner fair could not muster up the same enthusiasm and results were mixed.
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Weight for prime and two-year steers mostly exceeded 460kg. Hereford-Friesian and Hereford-cross, 476-521kg, lifted to $3.03-$3.11/kg, while most other lines sold for $2.88-$2.95/kg. Heifer results were pleasing as Hereford-Friesian, 404-470kg, sold to $2.91-$2.97/kg.

Persistent bidding on yearling steers rewarded vendors. Hereford-Friesian, 286-316kg, reached $3.42-$3.50/kg, while 270kg earned $3.70/kg. Heavier lines across most breeds traded at $2.90-$2.98/kg for 340-430kg, while Hereford-Friesian within that range made $3.02-$3.11/kg.

The strength continued into the heifer pens, where 260-277kg Hereford-Friesian firmed to $3.10-$3.18/kg, and Hereford-cross, 233-251kg, improved to $2.94-$3.00/kg.

Weaner volume grew to 1475 head and a small bench of buyers struggled to absorb it. Friesian bulls came back in price, as did beef-Friesian heifers, but Hereford-Friesian bulls held value.

A price ceiling of $500 sat over the Friesian bulls, with very few pushing past that level. The market came back $70-$110 as 97-106kg sold for $400-$430, and 120-125kg, $450-$505. Heavier weights up to 137kg traded at similar levels to the second cuts. On a $/kg basis the better lines sold for $4.00-$4.20/kg, with lesser sorts making $3.65-$3.95/kg.

The Hereford-Friesian bull market provided some relief as prices were steady. Those 100-120kg sold for $600-$645, varying from $5.43-$5.70/kg up to $5.80-$5.90/kg. Quality lines under 100kg exceeded $6.00/kg, but a highlight was two pens of Speckle Park-cross, 103-110kg, which managed $6.09-$6.12/kg. Angus-Friesian, 100-110kg, sold on a steady market at $480-$575, though Hereford-cross were discounted with most trading below $500.

Heifer prices came back $25-$35. Those 100-115kg returned $420-$470, $4.05-$4.15/kg, while Angus-Friesian, 100-107kg, made $405-$420, $3.90-$4.05/kg.

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