That’s a wrap, and we’re stoked with the results. Bring on 2021!
The bull selling season has gone well, quality bulls being produced, market demand and online selling have been some of the drivers behind this campaign.
Over an 8-week selling season across the country from one end to the other, we sold over 3,100 bulls of all breeds for the Beef industry, this consisted of Online Bidr Hybrid sales, On Farm Auctions and Private Treaty. The help of online platform has certainly played a role with wider reach and restrictions around Covid-19. Not only have New Zealand farmers embraced this technology - they understand the benefits and ease of use.
While the average price was back 3.4% on last year, we had bulls that suited every budget starting at $4,000 – the highlights are the amount of stud bulls ranging from $25k through to $104,000. This top achievement was reached on the East Coast of NZ in Wairoa and purchased by Kaharau – Orere Angus. Other top prices paid were $50,000 through to $92,000.
Check out this bull going under the hammer for $104,000.
49 of our overall sales were held online with 624 registered buyers and 25,425 unique page views of online catalogues and videos of bulls.
National Genetics Manager
The Temuka Ewe Fair was held last Wednesday, with one of the smallest yardings for some years. There was only 4,500 in-lamb ewes on offer, in front of a large gallery of registered buyers.
The top pens of most age groups of scanned ewes were able to surpass $200, and annual draft and 4-5 year were not far off. $235 was reached for 3-4 year Coopworth-cross ewes, scanned 211%, and Coopworth also topped the 5-year section with the next highest price at $234. It was felt that the older ewes performed better than the younger lines, as the largely Mid and North Canterbury buying bench focussed their attention on proven ewes with higher scanning percentages.
That said though the top 1-shear and 2-tooth ewes were able to reach $210- $219, while annual draft lines were very consistent at $176-$185. There were very few ewes that fell below the $150 mark, with most run with-ram returning $168-$177.
South Island Livestock Manager
Our Friesian and Jersey dairy heifers are still generating significant interest from China with delivery options for September and October currently available, this is a great way of making use of any surplus heifers and converting these into early season cash which is always important to have available.
We also have orders available for rising 1 year beef heifers – Hereford and Simmentals for September and October delivery with top money available for heifers that meet the specifications.
To find out more regarding specifications and price please contact your local rep to discuss options.
National Dairy Sales Manager
Grant Edwards joins The Country’s Jamie Mackay to look at the wool market this month.
The market dropped around 25 per cent post lockdown, and another 10 per cent in June. Mackay wondered if this was raising concerns.
Currently the international climate was in unprecedented times, with some countries still in lockdown, and this put things into perspective, Edwards said.
Recent sales in Napier and Christchurch had lifted the market, providing some potential light at the end of the tunnel, Edwards said.
Cavalier Corporation had announced it was committed to all wool and natural fibres in its carpets which was also good news, Mackay said.
In addition, Mackay highlighted from the press release, that 15-20 per cent of carpet sales in New Zealand are made from wool.
Edwards stressed there was a need to increase consumer demand and drive the wool story to the public. Mackay disagreed, saying the wool story had been around and the focus should be more on end uses and consumer products.
Edwards believed there was a need for a government body to market wool internationally from a combined industry effort. But there was a need for a robust plan throughout the industry to have the confidence to invest in this.
Edwards concluded the interview with a couple of pertinent quotes he'd found in 1950s media cuttings.
The first illustrated that concerns over natural fibres being replaced by synthetics were nothing new.
"The greatest threat to the wool industry is synthetics and crossbred wool is the easiest supplanted."
The second quote however, could offer the modern-day farmer hope for the future.
"There is no substance to the reports that synthetics could put the wool industry out of business."