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Over the Farm Gate: Abundant feed keeps South Island markets positive
Favourable conditions lift demand for cattle and sheep
An exceptional autumn across the South Island has the country looking superb and farmers seeking to make the most of generous feed reserves.
Such favourable conditions have resulted in a big lift in demand for cattle and sheep, both on paddock and through the saleyards: farmers are buying extra stock to capitalise on the abundance of feed they have on hand, with good cattle and finishing lambs especially sought after.
Inevitably, this elevated demand has driven an increase in sheep and cattle prices, and in the number of stock going through the saleyards. Stock quality is good, with the better stock selling well, though smaller animals will tend to be discounted.
Shane Gerken, PGG Wrightson South Island Livestock Manager
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