Saturday, 16 May 2015 14:52

Limited stock for sale

Written by 

Stock agents are reporting that it is only recently that herd prices have come back because of Fonterra’s lower forecast payout for the 2015-16 season and following seasons.

A Hauraki Plains agent reports one of the main problems is the limited numbers of genuine herds.

“I recently sold an ordinary herd for $1700/head, but top herds I was selling last year for $2100/2200 are now reaching only $1900/head,” he said.

He believed that representatives of Ngai Tahu have been looking for North Island herds to stock their recent dairy conversions.

PGG Wrightson livestock manager Waikato, Dean Evans, said most herds sold in his area have been priced between $1400-$1900/head. Most stayed in the North Island and 10-12 went to the South Island.

“As always quality rules and the well-presented herds with good records made up to $2150/head.

Swap Agriculture held its annual sale of in-calf heifers and carry-over cows on April 21 at Walton near Matamata, with farm manager, Vaughan Armstrong reporting a satisfactory sale.

“Of course we would have liked more. But with 112 Friesian and Friesian cross in-calf heifers averaging $1700/head and the 92 in-calf carry over cows averaging $1750/head we were happy considering the season.”

Buyers were given free grazing until June 1.

The sale was run by PGG Wrightson with Joe Harris and Mark Begovich Livestock. – Tony Hopkinson

More like this

PGW feeling the pinch

Rural retailer PGG Wrightson (PGW) is feeling the impact of the current rural downturn, reporting a 40% drop in net profit to $12.7 million in the six months to December 31, 2023.

PGW's challenging half-year

The second half of 2023 gave rural retailer PGG Wrightson a challenging result, but there’s still room for positivity on the horizon, according to chief executive Stephen Guerin.

Board upheaval at PGW

The board of rural trader PGG Wrightson Limited has agreed to call a special meeting demanded by its largest shareholder.

Featured

Dairy sheep and goat turmoil

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.

Hurry up and slow down!

OPINION: We have good friends from way back who had lived in one of our major cities for many years.

Editorial: Passage to India

OPINION: Even before the National-led coalition came into power, India was very much at the fore of its trade agenda.

National

Govt urged to reduce ETS units

The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as…

Dairy sheep, goat woes mount

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand…

Machinery & Products

All-terrain fert spreading mode

Effluent specialists the Samson Group have developed a new double unloading system to help optimise uphill and downhill organic fertiliser…

Can-Am showcases range

Based on industry data collected by the Motor Industry Association, Can-Am is the number one side-by-side manufacturer in New Zealand.

» Latest Print Issues Online

Milking It

Papal visit

OPINION: European farmers are going to extreme lengths to have their message heard.

Thai egg tarts

OPINION: The hustle and bustle of one of Bangkok's most popular fast food outlets may feel a world away from…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter