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9 April 2018
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Market Commentary

Dairy and Genetics Market Update, April 2018

Genetics

2 year old bull sales are just around the corner and it is time to discuss your breed objectives and requirements with your specialist team. We can help you achieve your breed objectives and reach your goals. PGW Genetics have a national video sale on the 14th May consisting of Angus, Shorthorn and Hereford bulls. The sale is a great opportunity for the breeders across the country to showcase what they are about and the direction the breeds are moving in. With fast moving markets and premiums being paid for quality beef we can help you stay ahead of the game without compromising your breed objectives.



The PGG Wrightson Genetics team have recently been in Australia checking out what’s on offer and if NZ can benefit from using new bloodlines to help you achieve even better performance from our herds. This certainly has our stud breeders open to the opportunity of benefiting our commercial breeders. If you would like to know more please don’t hesitate to contact us.

 

Dairy

Recently MPI announced their decision to depopulate all animals from properties that are infected with Mico Plasma Bovis. There are 28 properties in total, of which 6 have already had their animals removed. The milk testing being carried out across all herds in NZ (almost completed) has identified 1 additional property, which leads MPI to believe they can control the spread of the  disease.



At some point in the future when properties commence repopulation the market may be effected, through supply and demand,  this will be largely be influenced by timing of entry and numbers of stock required.



Normal forward dairy sales of herd and heifers prior to the above announcement have been relatively slow and sporadic. This has been due to several factors including a fluctuating GTD auction, financial pressure and a general lack of confidence. As the season progresses buyer demand is expected to strengthen. 

 

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