Farmers embrace online bidding
When the door slammed shut on New Zealand in March 2020 it also closed the gate to one of the viability fundamentals of the country’s livestock industry – stock auctions.
A record number of farmers took part in the largest service bull sale in New Zealand – many from the comfort of their own homes.
This year’s Huntly bull sale marked 14 years since friends Dave MacKenzie and Greg Straker combined forces to provide farmers with access to quality grade beef and dairy bulls.
MacKenzie recalls that the sale quickly became renowned for bulls which were well grown and provided the breed diversity dairy farmers were after.
“Until this year the NZ Farmers Livestock auction has meant that bidders needed to be ringside – but this year farmers were able to register to bid online via our hybrid auction platform which enables ring-side and online bidding.”
NZ Farmers Livestock general manager Bill Sweeney said the sale was very successful “with return buyers and around 100 registered buyers. Around 440 2yr bulls in outstanding condition and with excellent temperament went under the hammer”.
“The top Herefords realised up to $2,800 with an average of $2,400 while the average for Angus and Jersey was $2,300 and $1,950 respectively – up slightly on the prices achieved last year. Buyers were from as far away as Otago and Whangarei,” Bill Sweeney said.
Fonterra’s impending exit from the Australian dairy industry is a major event but the story doesn’t change too much for farmers.
Expect greater collaboration between Massey University’s school of Agriculture and Environment and Ireland’s leading agriculture university, the University College of Dublin (UCD), in the future.
A partnership between Torere Macadamias Ltd and the Riddet Institute aims to unlock value from macadamia nuts while growing the next generation of Māori agribusiness researchers.
A new partnership between Dairy Women’s Network (DWN) and NZAgbiz aims to make evidence-based calf rearing practices accessible to all farm teams.
Despite some trying circumstances recently, the cherry season looks set to emerge on top of things.
Changed logos on shirts otherwise it will be business as usual when Fonterra’s consumer and related businesses are expected to change hands next month.
OPINION: Fonterra may be on the verge of selling its consumer business in New Zealand, but the co-operative is not…
OPINION: What does the birth rate in China have to do with stock trading? Just ask a2 Milk Company.