Livestock Market Update: High interest and strong enquires with upcoming clearing sales
Positive signals for very successful results as confidence builds and demand for quality stock outruns supply
Dairy farmers have rediscovered their confidence in recent months, with the increased payout and the current feed situation both having a positive impact.
Dairy herd sales were buoyant through March, with vendors achieving some excellent results selling good quality herds on forward contracts. Market enthusiasm was high, responding to the quality stock offered, particularly in lines of in-calf cows and in-calf heifers, which the market may find difficult to match supply and demand through the coming months.
Clearing sales scheduled for late April through into early June will be the focus for remaining unmet demand for dairy cattle, particularly through Waikato and the lower North Island, where key clearing sales are scheduled. Selected dairy herd clearing sales will be run as hybrid livestreamed bidr® auctions, operating online alongside the traditional auction method. Those booked in early autumn feature quality capital stock that has already created plenty of interest from potential buyers, boding for a successful series of sales leading into the 2021/22 dairy season.
Those seeking to buy at these sales, or the elite dairy genetics sales across the rest of the country, should check up-coming sales at Agonline for the latest information, and advise their local PGG Wrightson representative what they are looking for.