The Country's Rowena Duncum is joined by PGG Wrightson's GM for Livestock, Peter Moore, to chat about New Zealand's livestock market.
June was a more typical month compared to earlier in the year for stock flow, with the freezing works freeing up, sale yards back in operation, and online platforms running smoothly, Moore said.
Although an impressive 8.3 per cent rise in the Global Dairy Trade Auction this week had so far had no immediate impact on confidence for New Zealand - it was still great to see prices heading in the right direction - particularly during winter, Moore said.
The really good news came from the significant price lift for Whole Milk Powder (WMP).
Some amazing bull sales had taken place recently, with one in Wairoa going for $104,000 NZD. Duncum asked Moore what he thought was driving this price increase.
Genetics played a big part, said Moore, as farmers were looking for "outstanding genetics with good growth rate and good meat production".
Duncum finished the interview by asking Moore what the next few months might look like for the livestock industry.
Moore said that this was normally a quieter time of year - but feeder calves were starting to hit the market.
That’s a wrap, and we’re stoked with the results. Bring on 2021!
The bull selling season has gone well, quality bulls being produced, market demand and online selling have been some of the drivers behind this campaign.
Over an 8-week selling season across the country from one end to the other, we sold over 3,100 bulls of all breeds for the Beef industry, this consisted of Online Bidr Hybrid sales, On Farm Auctions and Private Treaty. The help of online platform has certainly played a role with wider reach and restrictions around Covid-19. Not only have New Zealand farmers embraced this technology - they understand the benefits and ease of use.
While the average price was back 3.4% on last year, we had bulls that suited every budget starting at $4,000 – the highlights are the amount of stud bulls ranging from $25k through to $104,000. This top achievement was reached on the East Coast of NZ in Wairoa and purchased by Kaharau – Orere Angus. Other top prices paid were $50,000 through to $92,000.
Check out this bull going under the hammer for $104,000.
49 of our overall sales were held online with 624 registered buyers and 25,425 unique page views of online catalogues and videos of bulls.
National Genetics Manager
The Temuka Ewe Fair was held last Wednesday, with one of the smallest yardings for some years. There was only 4,500 in-lamb ewes on offer, in front of a large gallery of registered buyers.
The top pens of most age groups of scanned ewes were able to surpass $200, and annual draft and 4-5 year were not far off. $235 was reached for 3-4 year Coopworth-cross ewes, scanned 211%, and Coopworth also topped the 5-year section with the next highest price at $234. It was felt that the older ewes performed better than the younger lines, as the largely Mid and North Canterbury buying bench focussed their attention on proven ewes with higher scanning percentages.
That said though the top 1-shear and 2-tooth ewes were able to reach $210- $219, while annual draft lines were very consistent at $176-$185. There were very few ewes that fell below the $150 mark, with most run with-ram returning $168-$177.
South Island Livestock Manager
Our Friesian and Jersey dairy heifers are still generating significant interest from China with delivery options for September and October currently available, this is a great way of making use of any surplus heifers and converting these into early season cash which is always important to have available.
We also have orders available for rising 1 year beef heifers – Hereford and Simmentals for September and October delivery with top money available for heifers that meet the specifications.
To find out more regarding specifications and price please contact your local rep to discuss options.
National Dairy Sales Manager