Saturday, April 20, 2024

Taranaki sale 17.10

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Long term cattle sold to limited demand at Taranaki on Wednesday, with the yarding of just 1100 hard work.
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Quality two-year cattle attracted respectable bids, and Hereford-Friesian steers, 490-560kg, sold on a steady market at $2.98/kg, though 345-430kg eased to $3.03/kg. Charolais-cross heifers were well within their value at $2.68-$2.75/kg.

The $/kg prices for yearling cattle were not that different to the two-year olds. It took a quality line to sell at previous levels of $3.20/kg and better, or they were lighter types with a smaller per head outlay. Hereford-Friesian steers, 350kg and better made $2.85-$2.99/kg, while 237-278kg did hold value at $3.24-$3.37/kg. 

The heifer market was sticky and sold at quite a discount to the steers. Light Hereford-Friesian around 200kg earned $3.10-$3.14/kg, but 205-268kg dropped to $2.89-$2.99/kg. Angus-Friesian sold in two main price ranges as 278-281kg returned $2.82-$2.92/kg, but 217-319kg regularly traded at $2.63-$2.80/kg.

Steers made up the prime section and well-finished Friesian, 573-617kg, earned $2.86-$2.92/kg, which was only a slight discount to the beef-Friesian lines at $2.90-$3.03/kg. 

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