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16 March 2018
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Market Commentary

Dairy & Genetics Market Update, March 2018

Dairy

It has been pleasing to see a lift in forward sale activity for herds and in calf heifers over the past few weeks. Herds in general are selling for $1600 - $1850, with some top end stock above this.

Most areas have completed or commenced pregnancy testing with mixed results being reported, some farms are in excess of 30%.

Both dairy and beef farmers are still dealing with the uncertainty attached to the Micoplasma Bovis outbreak – all concerned farmers should keep up to date by regularly visiting the MPI website or contacting their vetranarian.

Genetics

Autumn is in our sights and the weaner sales are starting up around the country. Demand and beef outlook is looking very confident.

When selling weaners it’s a good opportunity to discuss your prospective sire bull purchases with our team on the ground. This will give you a great insight with a variety of breeders and help us understand your breeding objective and goals.

This year we are holding an open day in Manawatu on Wednesday 21st March, 11.30-1.30 at 641 Milson line, Feilding. This is a great opportunity to see 37 Angus bulls from across New Zealand.

The PGG Wrightson National video sale will be held on Monday 14th May, Palmerston North Convention centre 4pm.  Hereford, Shorthorn and Angus will have open days on the day of sale and this will be open to the public. 

For more information, sign up to the Agonline email updates.

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