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Livestock Market Update Mar 21: SI Demand Holding Strong
3 March 2021

Livestock Market Update: South Island demand holding steady

Ewe fairs and store lamb sales dominate South Island livestock market

February was a big month in the South Island livestock market with the schedule of annual draft ewe fairs and store lamb sales dominating the action.

Overall demand has been steady. Of particular interest: merino lamb and ewe sales in Tekapo and Omarama featured heightened demand from enthusiastic galleries. These sales welcomed support from Mid Canterbury, whose cropping farmers were well represented, buying store lambs to finish through winter and spring.

Into March, the calendar of lamb sales continues, with plenty more store lamb movement in prospect, followed by early calf sales in late March and early April.

Shane Gerken, PGG Wrightson South Island Livestock Manager

 

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There had been a boost in the market, with wool lifting 50-60 cents greasy throughout February and March, Edwards said.

With reference to yesterday's lacklustre sales in Christchurch, Edwards said every time there was a lift in the market it "takes a breather at some stage".

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Mackay asked about the wool types and what the difference in the market was.

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Edwards said second shearing was a key management and quality tool.

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Edwards thanked all those involved, especially the Wallace family (Sir. Tim Wallace).

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