Friday, March 29, 2024

Feilding sale 3.3

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Another larger offering of lambs tested the buyer’s resolve somewhat and this resulted in a slight downwards correction in the sale prices, mainly for the lighter and longer term lambs that were so strong last week. 
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The top price of $101 for 246 shorn ram lambs was a full $10 below last week’s top but that was not a true market indication with the overall market move only a couple of dollars. The per kilo range was reasonably tight showing that, in general, the buyers had their eye in. The ewe lamb section did not offer the weight or quality of the male lambs and $90 was top price. Once again, buyers came from most of the lower and eastern North Island.

Ewes; two-tooths, $105-$112; MA, $86-$111; grazing, $63-$87; Lambs; Heavy, $86-$101; medium-to-heavy, $84-$91; light-to-medium, $74.50-$83.

Cattle entries were again low and the buyers responded by lifting their sights on the better beef cattle. Much of the yarding were dairy cross with a larger entry of dairy weaner bulls again. No older steers were yarded but some lines of eighteen month steers offered weight and the pick was a pen of 22 Angus and Angus-Hereford steers selling for $1525, $3.03. The situation was similar in the bull section with a handful of older bulls and many weaner bulls again, which did ease today.

Heifers followed the pattern of the steers and lifted. Older prime heifers sold for $1645, $2.69, and the eighteen month heifers lifted with the weaner heifers steady.

Steers; R2, 285-503 kg, $880-$1525, $2.63-$3.65; R1, 114-116 kg, $550-$570, $4.82-$4.91; Bulls; R2, 418-510 kg, $1255-$1310, $2.56-$3.00; R1, 112-300 kg, $430-$865, $2.88-$4.27; Heifers; 3yr, 611 kg, $1645, $2.69; R2, 203-402 kg, $510-$1130, $2.08-$3.49; R1, 77-191 kg, $300-$670, $2.88-$4.94. 

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