Thursday, 05 July 2012 11:24

South Island store cattle market firm

Written by 

The store cattle market in the South Island is still fairly buoyant in comparison to the lamb job seeing the outlook appears more promising.

We are well and truly into winter now which has left many farmers in lock down mode. There is still demand for store cattle despite being in the middle of winter, but no one is getting ahead of themselves. Many have overestimated the amount of surplus feed on hand Crops have not been yielding as good and the snow has also done a bit of damage as of late.

There are very few cattle being traded in the paddock, with farmers choosing to send them to the saleyards. Throughput dropped dramatically this week for both prime and store cattle as farmers are not prepared to get onto the NAIT band wagon just yet. As NAIT became mandatory on Sunday sale tallies around the country have been extremely low and these smaller sales are expected to continue through until spring.

2012-07-05_1127

 

iFarm_logo_strap_V_rgb_EMAIL2

Market Brief by iFarm.co.nz

iFarm the leading source of agri-market prices, information and analysis for NZ farmers. Receive benchmark prices for the works, store and saleyard markets delivered direct to your inbox. Visit www.ifarm.co.nz or call 0508 873 283.

Featured

Bold taste wins gold medal

Alliance Group's Pure South Handpicked 55 Day Aged Beef has been recognised on the world stage, securing top honours at the World Steak Challenge in the Netherlands.

» Latest Print Issues Online

The Hound

Quid prod quo?

OPINION: Ageing lefty Chris Trotter reckons that the decision to delay recognition of Palestinian statehood is more than just a fit…

Deadwood

OPINION: A mate of yours truly recently met someone at a BBQ who works at a big consulting firm who spent…

» eNewsletter

Subscribe to our weekly newsletter