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14 August 2019

PGG Wrightson Livestock Roundup 9 August 2019

Mark Leishman caught up with Peter Moore, GM of PGW Livestock on Country TV’s Roundup on Friday, 9th August.
Listen to the full interview and find out about the current market conditions, the changes in the landscape for bobby calves, and what’s happening with stock being sold on bidr.

Market update
The sheep and beef market is very strong with sheep farmers getting really good returns for their lambs.  The strength in the market is being driven by overseas demand.
In contrast to sheep and beef, confidence in the dairy industry is low as it remains in a state of flux and with the GDT remaining fairly much unchanged.

Bobby Calves
There are more animals coming from the Dairy Industry into the beef industry as dairy farmers are recognising the value in beef cross calves that can be reared on to 100 kg.  Alongside supporting improved animal welfare, it’s a great opportunity for farmers to make a little bit more out of their calves.

bidr update
bidr is gaining good momentum through their regular weekly livestock sales which started in early July.  A large number of users have signed up as registered buyers/sellers and a good number of sales have seen total clearances.

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