Header Image

Helping grow
the country

< Back to Latest News
Livestock Market Update: Demand for dairy herds growing
20 January 2021

Livestock Market Update: Demand for dairy herds growing

Take advantage of PGG Wrightson’s experience and market intelligence

For those intending to purchase a dairy herd for next season, now is the time to act.

Global Dairy Trade trends so far this year mean confidence in the payout is as good as it has been for awhile. On the back of that, demand is strong, and likely to grow, with good quality dairy herds highly sought after.

Anyone in the market for a herd should make contact with their PGG Wrightson Livestock agent early to discuss the options and update themselves on current national and local market intelligence. Herds for sale are marketed through AgOnline. Click here to visit the AgOnline website.

We specialise in bringing vendors and purchasers together. With PGG Wrightson’s experience sitting behind any contract our team negotiates, all parties can be assured that the deal will be sound and we will assist with the whole process from signing to settlement. 

With a range of herd values in the present market, results for transactions set to settle in May and June have been satisfactory. We are now at the business end of the season, so market activity over the next few weeks is set to increase.

Jamie Cunninghame, PGG Wrightson National Dairy Livestock Manager 

 

Related Articles

PGG Wrightson Livestock Country TV Livestock Update 21 December 2020

21 December 2020

Jamie Cunningham joins Mark Leishman on Country TV to discuss the latest livestock news and the state of the dairy sector.

Livestock Report: Mid and South Canterbury saved by the weather gods

21 January 2021
Listen now as The Country's Jamie Mackay is joined by PGG Wrightson's Mid-South Canterbury Livestock Manager, Joe Higgins, to talk about New Zealand's livestock market.

The weather had been a blessing with rains preventing droughts. Higgins said that they were looking down the barrel of a potential drought pre-Christmas.

However, the rain was bringing trouble for grass seed farmers in mid Canterbury who needed the hot dry sun to process their crops.

Mackay said that prime lambs were back quite a bit, and they would be facing a challenging year compared to previous years, as Covid-19 was still impacting market prices on prime red meats - especially venison.

Mackay asked about the popularity of mutton, saying that "an old ewe is worth more than a lamb."

Higgins agreed, adding that this has been the case for the past few years.

PGG Wrightson Livestock Update 28 January 2021

29 January 2021
Shane Gerken joins Mark Leishman on Country TV to discuss the latest livestock news and the state of the dairy sector.

Share this page