Saturday, April 20, 2024

Temuka sale 15.10

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The store hogget market took another breath at Temuka on Monday as just over 1000 head from the Chatham Islands arrived. All classes of cattle eased, though by varying degrees.
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Very heavy ewe hoggets made $156-$170 and the next cut, $159-$161. The lightest ewe hoggets were good types at $132-$146. Heavy mixed sex sold for $133-$160, and good, $138-$140. A lighter end returned $75-$100. Also offered was a consignment of 340 Merino wethers. Prices held and heavy lines made $141-$145, and a lighter pen, $100.   

Ewes with lambs-at-foot had more presence and prices were variable dependent on the quality. Two big lines with multiple lambs earned $108-$109 all counted, though sat in the middle of the price range.

Prime hoggets eased $10 per head as the top lines made $180 while most traded at $150-$179.

Ewe prices eased slightly due to extra volume. Some still managed to attract bids up to $190-$252 and medium to good types traded at $120-$159, to make up a large portion of the sale.

Cattle prices are falling at a fast rate of knots across all classes. Boner heifers lost the ground they gained the previous week. Around 8-15c/kg was taken off for better types, though lesser lines fell much harder. Those 425-490kg sold for $2.20-$2.31/kg, but lesser types in that range dropped to $1.71-$1.81/kg. Boner cows lost 8-9c/kg as 477kg up to 700kg sold for $1.62-$1.76/kg. An entry of Devon cows, 460-555kg, sold for $1.67-$1.76/kg, while five better yielding types, 618kg, returned $1.87/kg. 

Prime prices followed a similar pattern as beef-cross and traditional steers, 605-705kg, came back on average 10-15c/kg to $2.75-$2.77/kg. Even a good entry of Simmental-cross, 530-666kg, only achieved $2.71-$2.80/kg. In the heifer pens high yielding exotic, 560-648kg, earned $2.70-$2.77/kg, while other prime types as well as local trade regularly made $2.57-$2.66/kg. 

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