Livestock Market Update: Go-Stock offers an easy alternative to procuring stock
“Not seeing that big cost go out when the truck brings in the lambs is a good feeling"
Over the past five years PGG Wrightson’s Go-Stock has put 1.5 million lambs and 230,000 cattle on farms throughout New Zealand.
Go-Stock eases cashflow on farm: PGG Wrightson buys the stock and retains ownership, meaning no initial outlay for farmers, who are then free to use capital elsewhere. Farmers then graze and grow the stock before deciding, with our guidance, when and where PGG Wrightson will sell them. PGG Wrightson pays any resulting positive trading margin to the farmer, less fees and selling costs.
Arthur Pearce has 100 hectares at Templeton, just south of Christchurch, which he runs as a mixed cropping farm, including finishing lambs. He has found Go-Stock beneficial with the lambs.
“We use it as an alternative to procuring stock. Go-Stock is an easy way to do it, meaning you don’t have to look at an overdraft month by month. You fill in some simple paperwork and the next thing you know, the lambs arrive.
“Not seeing that big cost go out when the truck brings in the lambs is a good feeling. We use Go-Stock to free up capital so we can do other things. It’s an easy way to stock our property, without the worry of paying for them,” says Arthur.
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.