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3 March 2021
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Market Commentary

Livestock Market Update: South Island demand holding steady

Ewe fairs and store lamb sales dominate South Island livestock market

February was a big month in the South Island livestock market with the schedule of annual draft ewe fairs and store lamb sales dominating the action.

Overall demand has been steady. Of particular interest: merino lamb and ewe sales in Tekapo and Omarama featured heightened demand from enthusiastic galleries. These sales welcomed support from Mid Canterbury, whose cropping farmers were well represented, buying store lambs to finish through winter and spring.

Into March, the calendar of lamb sales continues, with plenty more store lamb movement in prospect, followed by early calf sales in late March and early April.

Shane Gerken, PGG Wrightson South Island Livestock Manager

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