increase font size
More than 50 farmers around New Zealand registered to bid in the auction with more than 80 attending in person.
A first on-farm clearing sale using a hybrid auction platform delivered a “fantastic result” for Galatea farmers Shaun and Kelly Bicknell.
In a successful first, NZ Farmers Livestock (NZFL) ran the on-farm hybrid auction supported by both on-line and on-farm bidding capability.
The sale saw a 100% clearance at prices reflecting the quality herd with much online bidding particularly for the top end of the herd.
More than 50 farmers around New Zealand registered to bid in the auction with more than 80 attending in person. Around 30% of bids were made on-line and 20% of the lots (mainly top end) were purchased by on-line buyers.
Top prices achieved were – Cow $9,600, heifer $6,600 and yearling $6,100. The average cow price was $1,975.
Shaun Bicknell said the prices were bang on with he had hoped for and the online bidding fuelled the sale – adding a degree of competition.
“We’re very happy, the sale couldn’t have gone better under the circumstances. NZ Farmers Livestock were fantastic – now it’s just a matter of getting the stock (whose origins go back to Shaun’s grandfather) off the farm and on to their new homes,” Bicknell said.
NZFL general manager, Bill Sweeney said the hybrid auction platform was developed to meet urgent farmer need under COVID-19.
“But it is clear that it will change the game for the whole range of on-farm livestock selling and I am confident more farmers will take it up. On-line adds buying power to livestock auctions and will suit a growing number of buyers. This is a powerful clearance sale tool, but it is also going to add demand to stud sales, and I am keen to take it there too.”
OPINION: Labour leader Chris 'Chippy' Hipkins is carrying on the world-class gaslighting of the nation that he and his cohorts started after their disastrous Covid response; now trying to undermine the Covid inquiry to protect his own backside.
OPINION: Welcome to the second annual NZ Dairy Expo at Matamata – an event created to bring together the best of the New Zealand dairy industry in a focused, grassroots environment where dairy farmers and rural professionals can meet, talk, compare products, and make smart decisions for their farms.
It's a bloody tough year for sheep farmers, but the worst may be over, and the future looks optimistic.
One of the country’s two largest supermarket chains is reporting that for the first time since the disruption of Covid, they have largely full supply on almost all fruit and vegetables grown locally.
Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.
One of New Zealand’s largest fertiliser plants could be forced to shut down for four months as uncertainty looms over gas supply.
Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.
The Environmental Protection Authority (EPA) is consulting on a proposal to ban weedkillers containing chlorthal-dimethyl (DCPA).
August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.
OPINION: The Government has been seeking industry feedback on its proposed amendments to a range of Resource Management Act (RMA) national direction instruments.
OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly…
OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try…
