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Store stock shortage

21 Jan, 2012 03:00 AM
AS MARKETS kick off for 2012, prices for females have largely maintained their strong rates despite a small dip as buyers take time to gauge the market.

Cows weighing between 400 and 520 kilograms last week averaged 152 cents a kilogram, which was down from 159c/kg recorded in December according to the National Livestock Reporting Service (NLRS).

It was a similar story to last year where cows in the same category were just one cent lower at 151c/kg.

Landmark Armidale livestock account manager Chris Williams said the market for females in the New England had opened 2012 to reasonably strong rates, but not as strong as the close of last year, reflecting the State-wide trend.

“Generally at the beginning of each year the processors are trying to gauge the market and see who is buying what,” Mr Williams said.

“Before Christmas, the best of the prime cows were making 180 cents a kilogram, but at the sale last week they were down to about 170c/kg to 172c/kg.”

He said the weaner and vealer hei-

fers had been making from 230c/kg to 240c/kg.

Overall, it was still an encouraging market, driven by competition for females going to both restockers as well as to slaughter

“It is also down to seasonal conditions: there has been a great season throughout the New England, with plenty of great feed available,” he said.

“The quality of the cattle in the New England is second to none.”

Aside from the cows, he said a lot of the older heifers were going to feeders, whereas the vealer heifers were going to both slaughter and to the restockers.

“From February to May, we will see the bigger lines of weaners come on to the market,” Mr Williams said.

At the annual Wodonga female sales last week quality breeders were in solid demand and sold well.

With the shortage of quality breeders available for sale, buyers were prepared to travel vast distances to obtain stock.

At the three days of sales at Wodonga last week buyers travelled from Walgett, Coonamble, Holbrook, Tallangatta, Nowra, Wagga Wagga, Bega, Cootamundra, Deniliquin and the Victorian towns of Bendigo, Wangaratta, Wodonga, Bairnsdale and Benalla.

On the first day a run of 20, Dunoon-blood, Angus cows with their first calf at foot topped the sale.

They were sold by Bernie Brooks, “Maracket”, Talmalmo for $1660.

Generally, agents said the market was firm on the pre-Christmas store sales.

On Thursday young cows with their first calves at foot topped at $1980.

Even though this was the top for the three days, agents said the top of the market was not reflective of the rest of the sale that day.

This sale was also propped up by mainly local buyers, as there was limited interest from interstate.

The top pen were Hereford/Fri-

esians with Limousin-sired calves at foot sold by Geno and Rita Mizzi, “Genrik Park”, Benalla.

The Friday sale was much bigger than last year and even though prices were quoted by agents as firm to dearer, they didn’t reach the highs expected by some vendors.

Topping the market at $1700 was Brian Grosser, Grosser Developments, Benalla, Victoria, with a pen of nine, 21/2-year-old, Campbell Farms-blood Angus first-calf cows, with two- to four-week-old calves by Riga bulls at foot.

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