Tuesday, April 30, 2024

Taranaki sale 11.10

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Good weather came a day too late for the Taranaki cattle fair at Stratford on Wednesday, with few local buyers able to join the bidding with paddocks still at saturation levels, New Zealand Farmers Livestock agent Stephen Sutton reported. 
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Buyers however did travel from outside areas for the 950 head yarding.

The 2-year steer section showed pockets of strength though prices are well back on September levels. Local buyers did not participate in this section, leaving it up to outsiders to take ownership. With most beef-Friesian, those over 500kg made $2.90-$3.00/kg, while 427kg achieved $3.10-$3.13/kg. Heifer numbers were limited with a number of bigger consignments withdrawn. Most traded at $2.70-$2.80/kg.

Stronger competition on the lighter alternatives found in the 1-year pens did bring some spark to the market. The majority were Hereford-Friesian, and in the steer pens good quality lines, 290-320kg, sold for $3.27-$3.41/kg, while 270-285kg returned $3.55-$3.78/kg. However these prices were limited to a select few, with lesser bred lines selling under $3.00/kg, regardless of weight. A nice line up of heifers made solid returns, with most trading at $2.80-$3.30/kg. Good lines, 292-306kg, made $3.33-$3.44/kg, and 210-280kg, $3.07-$3.18/kg. Lesser types, 255-270kg, fetched $2.80-$2.90/kg. A small line of Friesian bulls, 260kg, sold for $800, $3.07/kg.

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