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6 October 2021

East Coast team helps bring out local generosity at annual Cancer Society charity auction

Local farming community rallies around Cancer Society fund-raiser after Covid knocks out Daffodil Day

PGG Wrightson Regional Livestock Manager East Coast Jamie Hayward and his Gisborne-based team were right behind this year’s annual Cancer Society charity auction, which is well supported by the local farming community.

Held each year in conjunction with nationwide fundraiser Daffodil Day, the auction went ahead on 3 September despite the Cancer Society unfortunately having to cancel Daffodil Day for 2021 due to Covid-19.

Although numbers attending were down slightly, the generosity of the locals made up for that with more than $60,000 raised on the day.

Jamie says with the whole community in behind, including farmers who donate stock, carriers who provide their service free, the auctioneer team, and the event facilitator ANZ Bank; not to forget purchasers who frequently play their part too, often bidding for stock well above market value, the charity auction has become a calendar highlight for the Gisborne team.

A donation from one farmer of 50 lambs went under the hammer at $299 per head, and in all 340 sheep sold on the day.

All proceeds from the event remain in the local region for the use of the East Coast branch of the Cancer Society.

Matt Langtry, PGG Wrightson North Island Livestock Manager

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Go-Stock easing cash flow for farmers across the country

06 October 2021

Go to solution during the times of the year when there are better ways to use capital – a no-brainer for Hamish, and many other farmers

Since 2016 Go-Stock, PGG Wrightson’s easy solution for on-farm cash flow, has put 1.5 million lambs and 230,000 cattle onto New Zealand farms.

With Go-Stock, PGG Wrightson buys the stock and retains ownership. When there are better uses for their capital, that means farmers do not need to spend cash up front. Farmers then take, graze and grow the stock. When the stock are ready to take to market the farmer, with our guidance, decides when and where PGG Wrightson will sell them. Any resulting positive trading margin is then paid to the farmer by PGG Wrightson, less fees and selling costs.

Hamish Orbell owns and farms 4100 hectare Clayton Station in the Fairlie Basin farming deer, cattle and sheep: mainly store stock.

“We have used Go-Stock for four years, generally to match those low cash flow times of the year. We started with bulls for the dairy industry, buying in bulls in November when most of our income is from velvet, therefore limiting our spending power. We raise those bulls through a full year then sell them back into the dairy industry.

“For our sheep, we wanted a crossbred to improve our wool. We looked at buying 800 half bred ewe hoggets, which fitted Go-Stock extremely well when we had contracts to sell lambs in January, February and March. 

“Then on the deer side of things we wanted to look at genetics, though at a time of year when we didn’t have huge cash flow. A lot of our cash flow comes in late summer and early autumn. For the rest of the time, when cash flow is tight, Go-Stock is a no brainer for us,” he says

Go-Stock is an option for sheep, cattle and deer, while a Go-Stock Dairy offer is coming soon.

For more information about Go Stock speak to your PGG Wrightson livestock representative, here.

Yearling Bull sales season starts well

06 October 2021

Exceptional clearances, good online engagement and premiums for particular genetics characterise early season sales

Despite some disruption and delays due to the nationwide lock down, the 2021 yearling bull sales season is progressing positively.

Covid pushed a few sales back at the start of the season, though that provided some unexpected benefits, giving those offering bulls more time to maximise presentation. As a result buyers are liking the look of what is available, driving clearance rates early in the season to approximately 99 per cent. Both dairy and beef farmers are chasing bulls with genetic traits around lower birth weight and calving ease.

New Zealand’s virtual saleyard bidr continues to excel, enabling those unable to leave restricted localities, not comfortable to attend the sales, or too busy with opportunities to watch or participate in sales. While the majority of buyers turn up on farm, the technology is gaining traction.

Among the outstanding early sales, Riverton Herefords, Fordell, Whanganui put up 102 yearling bulls, which sold at an average of $3700; Twin Oaks Angus, Te Akau offered 50 bulls, averaging $5210 and achieving a $12,000 top priced lot; Te Atarangi Angus, Dargaville offered 106 bulls for a $3630 average price; and Craigmore Polled Herefords, Ohaupo, Waikato sold 103 bulls, averaging $3178, with a $16,500 bull topping their sale.

Quality has been the key at all these sales, where the buyers are motivated to commit when a good article is on offer. However, bull numbers are growing meaning competition and quality will continue to escalate.

Callum Stewart, PGG Wrightson Livestock National Genetics Manager

Young auctioneer prepare for national stage

06 October 2021

PGG Wrightson’s finest set to take on best of the rest at tenth annual Heartland Bank Young Auctioneers Competition in November

Some of PGG Wrightson’s sharpest young rural professionals will go up against the best of the rest of the country in a few weeks at the tenth annual Heartland Bank Young Auctioneers Competition, in Canterbury on 2 November.

Earlier this year the company implemented an auctioneers strategy, which helps identify and train promising auctioneers with a bright future. Several of the company’s best will have the opportunity to take on elite young auctioneers from other companies, testing their skills and showing their ability in a contest for professionals under the age of 30.

Conducting auctions is an essential part of PGG Wrightson’s identity, and has always been a key role in the rural economy. Despite the potential that online platforms like bidr offer, the livestock auction will continue to be central to our business.

We look forward to seeing how some of our most promising up and comers perform on the national stage.

Callum Stewart, PGG Wrightson Livestock National Genetics Manager 

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