Thursday, April 25, 2024

Temuka sale 17.09

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A downwards trend was notable in both the lamb and manufacturing beef market at Temuka on Monday.
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Very heavy prime lambs were discounted with fewer lines above $200, but over the yarding the majority still sold for $170-$209. 

Store lamb prices are in decline with limited demand for a small yarding. A feature was medium woolly halfbred wethers at $141.50, but mixed sex eased or came back as medium to good traded at $87-$133. Better types sold to $143-$163 and Merino ranged from $95 up to $123. 

 A feature line of 28 two-shear Perendale ewes with 42 tailed Texel-cross lambs-at-foot met keen competition and sold for $120 all counted.

Ewe quality was mixed for a moderate yarding but the top lines managed $200-$274, and good types $170-$194. A large portion traded at $120-$159, with lesser sorts making $105-$115.

The flow of cattle is increasing though space is still limited and manufacturing cattle eased again. Friesian, 478-715kg, sold for $1.71-$1.79/kg, with just four lines making it to $1.80-$1.82/kg. Second cuts made $1.65-$1.77/kg, and third, $1.50-$1.51/kg. Those 440kg dropped further to $1.30-$1.40/kg. The sale was more positive for Friesian heifers and better yielding types, 576-655kg, sold at beef levels of $2.83-$2.90/kg, while boner heifers mainly traded at $2.31-$2.53/kg on a firm market.

Auction prices for prime cattle reflected schedule movements with a steady week ticked off. High yielding Devon, Hereford-cross and Murray Grey steers all achieved $2.91-$3.05/kg, with plainer lines trading at $2.80-$2.86/kg. One Angus heifer, 710kg, cracked $2000 when she sold for $2.90/kg, with high yielding Simmental, 525-555kg, earning $2.88-$2.92/kg. The bulk of the section were Hereford-cross and sold on a steady market at $2.75-$2.86/kg.

Very heavy bulls, 915-923kg, all made $2.25/kg, while all other lines except Friesian traded at $2.43-$2.56/kg. Friesian, 517-551kg, returned $2.29-$2.33/kg.

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