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Livestock Market Update April 2019
4 September 2019

Short Supply Driving Up Dairy Livestock Market

Trade in dairy livestock has been light during the winter, with few quality animals available.

PGG Wrightson National Dairy Livestock Manager Jamie Cunninghame says, with demand exceeding supply, prices have been buoyant.

“Anything available is selling well, and in the spring, anyone who offers stock with any quality will be well received by the market. 

“Buyers are keen. Our sales of mixed age cows have ranged between $1400 and $2000 per head in recent weeks. Even for lesser cows prices are strong, boner cows are similarly scarce at present, with the meat value holding them up, too. 

“Numbers are low. Because neither quantity nor quality is exceptional at present, when the right animals become available, the market has upside,” he said.

Younger stock are also scarce. Significant enquiry from China recently has focused on rising one year heifers. With less stock available than at this time last year, Jamie says the market is strong.

“We do not have large numbers of animals traded at present, in which case supply and demand is driving values. Where quality is available, it is selling well,” he said. 

Coming up soon and running through to mid October, the bull sale season will feature sales throughout the country, through saleyards, and on-farm. This is prompting plenty of farmers to apply for a PGG Wrightson Defer-A-Bull purchase agreement, enabling them to finance a bull team with no upfront cost and no re-payments until the bulls are sold.

Jamie says Defer-A-Bull is a proven winner for many farmers.

“For most of our customers, who would otherwise have to go to the bank to secure extra capital to fund their bull purchases every year, this is a preferable option. Defer-A-Bull gives the ability to invest in your bull team when you need it, without putting any pressure on funds early in the season, when cashflow can be tight. 

“It is easy to use and a great way to fund your bull purchases. Any farmer who is interested should talk to their local PGG Wrightson rep about the simple application process,” he said.

Related Articles

Made in New Zealand for New Zealand farmers

01 September 2019

VETMED is a New Zealand brand of animal health products manufactured locally, formulating both novel and generic solutions to overcome local parasite challenges. Everything made, including control release capsules, pour-ons, oral drenches, liquid concentrates and applicators, are developed specifically to perform in New Zealand farming conditions.  

Launched in 2011, VETMED is owned and operated by Doug Halligan, Jon Petherick and Gary Harrison. Innovation, agility in responding to New Zealand farmers’ needs and rigorous on-farm testing are core values of the company. Chemists, Jon and Gary work on every VETMED product, from concept to completion, while Doug handles sales. “We work closely with a network of industry experts who are on-farm all the time. With centralised research and development, we can afford to put all our energy and expertise into creating groundbreaking products that will work for Kiwi farms,” says Gary.

“We are a small manufacturer so this gives us plenty of flexibility to move quickly and make products where there is a need. We also make significant investment in research and development, always looking for better options for New Zealand farmers.

“We now have a deer drench product going through registration and it’s a great solution for our deer farmers. For us, that’s a great result” says Gary. This is an example of how VETMED work with an industry group to innovate and commercialise a product for a small market in New Zealand.

“Jon is a whizz at formulation,” continues Gary. “He innovates at every stage of development; how stable a product is, how easy it is to use. A great formulation developer means the product is always fit for purpose.” 

The manufacturing plant is located in East Tamaki where they employ eight to 12 people, depending on the season. Over the past four years, VETMED’s product range has been constantly expanding as sales have increased. “Essentially, we have grown to meet farmers’ requirements,” Gary says. “We have worked on new formulations, new actives and ongoing trials to ensure our products are reliable.”

VETMED’s Cyromax Spray-On was launched in 2017. For use on lambs at docking, it prevents flystrike. It is also safe to use on lambs pre-weaning. 

“A second formulation of this active, Cyromax Liquid, has seen good uptake by farmers who have found that it mixes well and is easy to apply, both important factors when you are in the back yards,” adds Gary.

With eight years in the making, Triplemax i-Tape was VETMED’s own development. “There are a number of combination drenches available,” explains Gary. “In most cases, the drugs are dissolved in both oil and water, much like a salad dressing. Like salad dressing, the formulations separate. We got rid of the oil, developing a water-based product that does not separate. We also micronised the praziquantel to improve efficacy, as was supported in field trials¹.

“We are proud to have developed a unique and innovative solution in Triplemax i-Tape. It is effective for tapeworm and roundworm control because it uses a unique patented aqueous/micronized suspension system. Field trials in New Zealand have shown improved parasite control against some products¹.”

Talk to your local PGG Wrightson Technical Field Representative about the full range of VETMED products available at your local PGG Wrightson store, or view Stock ‘n’ Save September for offers on selected VETMED product.

Sponsored by VETMED

¹ VETMED Trials, Helensville, New Zealand, 2013.

PGG Wrightson Livestock Roundup 6 September 2019

11 September 2019

Callum Stewart joins Anna Thomas on the dailty report to discuss bull sales, bidr and the livestock market.

 

Two Year Bull Sales

The two year bull sales saw it's best season in five years with farmers showing real confidence in the products they're purchasing. Breeders are producing a good product and advancements in genetics are rewarding commercial farmers with quality stock.

 

Yearling Bull Auctions

With upcoming yearling bull auctions kicking off around the country it's time to get young, proven genetics into the industry. It's a challenging time in the dairy market with dairy farmers restricted with what they can pay for yearling bulls, although the recent Fonterra announcement has put some confidence back.

 

bidr

PGW Genetics is already seeing the benefits of New Zealands online livestock selling platform bidr for Genetics sales. The nationwide reach and reduced costs make bidr a valuable tool for farmers to leverage when selling stock.

 

Livestock Market

Anna and Callum also talk about the general state of the industry where hogget is seeing good returns at the saleyards and the store market is starting to lift.

Livestock Market Update September 2019

17 September 2019

Sheep & Beef

Shane Gerken - South Island Livestock Manager 

The start of the lambing season has gone pretty smoothly for most. There are good survival rates being reported and lambs look like they are doing well.

Traditional cattle remain popular while buyers remain selective with the longer-term or dairy beef types. With top quality beef steers able to fetch up to $3.40- $3.50/kg and more is expected to come out as spring unfolds. It is still a bit early for buyers to be looking for one-year cattle and this market is varied depending on the quality of what is on offer.

Farm gate lamb prices are now achieving the same price as this time last year. The average sits at $8.30/kg, within a range of $8-$8.50/kg, depending on who you supply.

The mutton price continues to lift, with a range of $5.30-$5.80/ kg being reported.

 

Dairy

Jamie Cunningham - National Dairy Sales Manager

Defer-a-bull campaign is well underway, with sign ups coming in well, and with the current cashflow situation that our clients are facing, I feel the product will be heavily used this year. It’s a simple product that gets used year on year by clients and I think without doubt it is the best currently in the marketplace.

With bull sales about to start if you haven’t already now is the time to talk to your agent regarding your requirements for mating. For up-coming bull sales and dates please visit the Agonline up-coming sales section on our website.

We currently have strong enquiry for quality surplus In-Milk or CTP cows and heifers with current numbers available being very low, buyers are responding well to quality lines.

Export heifers are s till in hot demand with delivery options ranging from October through to February 2020 so if you are interested in discussing this further please contact your agent for information.

 

Genetics

Callum Stewart - Livestock Genetics Manager

August has seen the genetics representatives commence the viewing and selection of yearling bulls, ahead of their sale season over the months of September and October. A kind winter in most places sees the bulls on offer in great, forward condition. There is great genetic diversification within each breed, which ensures commercial clients in the market of buying heifer bulls are spoilt for choice. Yearling bull sales are held throughout the country, to further your reach of selecting a sire most beneficial to your operation. No matter what the end product looks like for you, there is a bull to suit, and the PGG Wrightson Genetics Team are here to assist you in making an informed decision. Get in touch today to see how we can help you to achieve in breeding better business. 

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