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.
The 2026 Holstein Friesian NZ Black & White Youth Auction has once again proven the strength of support behind the breed’s young people, raising $20,130 for the HFNZ Black & White Youth programme.
Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.
Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.
Despite near universal optimism in the rural sector, a panel of New Zealand’s leading food and agri minds caution that the sector must be intentional about its future path.
The dairy industry cannot rest on its laurels despite providing one in every four export dollars earned by the country, says DairyNZ chief executive Campbell Parker.
The Government is looking at intervening on behalf of Waikato farmers who face new regulations around agricultural land use while Resource Management Act (RMA) reforms are underway.
OPINION: Another hot topic at Mystery Creek was the intrigue over the upcoming election for the presidency of Federated Farmers.
OPINION: It's election time.