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Livestock Market Update: Spring Cattle Sales
The number of cattle coming forward to the market in the spring has been larger than recent years as farmers off load as areas such as Canterbury and parts of Otago have become dry. Also not helping is the cold and wet conditions in the South, limiting feed availability.
The store cattle market has eased over the last two weeks as buyers become more selective in their purchases. There is still interest in traditionally bred steers.
Some South Island vendors have chosen to funnel cattle into the North Island Market where prices have been more competitive although the North Island has come under pricing pressure due to volumes of numbers coming forward.
Shane Gerken
South Island Livestock Manager
027 495 5206
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