Breeding Better Business
This spring’s yearling bull sale season began in early September, progressing through the country from the top of the North Island, scheduled to finish in Southland in late October.
“Many of the fundamentals for red meat are positive. Values close to where they were at the equivalent sales last year would leave all parties happy.
“We have slightly more bulls on offer this year. Breeders are emphasising affordability and quality. Of the predominantly Hereford and Angus bulls on offer, purpose-built breeding programs favor low birth weights and rapid growth. Purchasers look for easier calving and young stock that will mature fast, providing the opportunity to sell progeny early increasing profit for our farmers.
“Vendors are realistic. Uncertainty has made the market volatile this year. Breeding is focused on added value: providing beef product into the industry, using good genetics enables the dairy farmers the opportunity trade throughout the year, this helps with income and provides the finisher with a good quality beef product.
“At the first sales in Northland, we achieved full clearances of the yearling bulls, with prices up $200 compared to last year. While this is an early indication of positivity, we still have a long way to go.
We have clients that have selected bidr® hybrid livestreaming as an option to sell their bulls. This integrates with the auctioneer and a Nationwide reach bringing more buyers and sellers together.
Click here to view upcoming bull sales.
National Genetics Manager
027 280 2688