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Livestock Market Update: Glenbrae On-Farm Auction
20 January 2021

Livestock Market Update: Glenbrae On-Farm Auction

Glenbrae Farm is located in Porangahau - Central Hawkes Bay.  It is a commercially run property of approximately 370 hectares running 1500 Wiltshire ewes on medium hill country and coastal conditions.  Alongside this the property also operates 165 Hereford stud cows commercially.

With over 25 years of quality breeding Wiltshires, Glenbrae have used and bred top quality genetics to combine with ease of care production, inputs are only drench, no fly and a natural resistance to facial eczema.  The family-run operation consistently wean the lambs off their ewes at 18kg year on year with lambing rates at 153% and mating 80% of ewe hoggets with great success.

Sale Information, On Farm Auction:

Tuesday 9th February 2021 at 12pm;

  • 600 Ewe Lambs    
  • 150 Cast for age Ewes
  • 120 2th Ewes
  •  30 Ram Lambs

For more information contact:

Sam Wright 0272479035

Simon Smith 0274440733


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Livestock Market Update: Plenty of feed on North Island farms

20 January 2021

Caution in the market keeps buoyancy in check

North Island feed conditions benefited from good rainfall in most districts post-Christmas. However, because many farmers had weaned early and moved ewes on after the drought of last year, stock rates were insufficient to take advantage.

While that might have otherwise led to significant activity at North Island bullock and ewe fairs, buoyancy has been repressed by caution around the prospects for export demand for red meat. Prices for heavy steers sit around $2.65 to $2.70 per kilogram, while traditional lighter steers, around 500 kilograms live weight, are averaging $2.80 per kilogram.

Ewe fairs are tracking similarly, with stock numbers through the saleyards lower than last year. Good prices are indicated at the works for the next couple of months, with the main chains having freed up space relatively early this year, as noted, due to farmers selling prior to Christmas.


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 GO-STOCK Helping Farmers Manage Cashflow

22 January 2021

An initiative that provides sheep and beef farmers with a livestock trading margin* with no initial cash outlay has been re-launched, with greater capacity.

Jamie Molloy, PGG Wrightson National Livestock Supply Chain Manager explains how Go-Stock operates.

“PGG Wrightson buys the stock and retains ownership, meaning no initial cash outlay for farmers using Go-Stock. The farmer grazes and grows the stock, before deciding in conjunction with their PGG Wrightson Livestock rep when and where PGG Wrightson sells them. Go-Lamb contracts are for a maximum of 300 days and Go-Beef contracts are for a maximum of 360 days.”

PGG Wrightson then pays the resulting trading margin to the farmer, less fees and selling costs.

“Go-Stock is simple to set up and easy to use. Initially established in 2015, Go-Stock meets the practical needs of the farmers involved, offering them a simple solution to ease cashflow when trading cattle or sheep. Because it has been so successful, we have significantly increased

Go-Stock’s capacity year on year, making it available to more farmers. PGG Wrightson Go-Stock has purchased 1.2 million lambs and 200,000 head of cattle since inception.”

“Those participating in Go-Stock report that it takes the pressure off decision making, frees cashflow to enable expenditure and expansion elsewhere, and adds value to their business,” he says.

“Go-Stock offers huge flexibility. Go-Stock tallies vary, from a few to thousands, depending on the size of the farming operation, with many farmers having multiple contracts throughout the year. How they use Go-Stock and what they can achieve with it will be different in every case. Its purpose is to remove the barriers that farmers traditionally face around cashflow when procuring trading stock. In conjunction with the PGG Wrightson Livestock rep the farmer decides when and where to sell the Go-Stock, the stock can be sold store or prime, this enables them to better use their capital elsewhere, thereby maximising their farming assets and expertise as required to achieve business objectives,” he says.

For further information on Go-Stock, contact your local PGG Wrightson Livestock representative, email or go online:

Find out more about GO-STOCK >

Email us at GoStock@pggwrightson.co.nz >

*Subject to contract terms.

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