NZ - Demand for fat cows
11 Aug 2012
The cow market continued strongly at Kaikohe last Wednesday, and younger cattle are also starting to lift, Vaughan Vujcich of PGG Wrightson reported.
The atrocious weather that plagued the North Island during most of last week may have affected numbers turning up for auctions but did not hurt market values.
At Rangiuru, the crowd was thankful of the shelter of the rostrum and they showed their appreciation by bidding up strongly for what cattle were there.
Prime cattle numbers remain low at Temuka with just 343 offered last week in a sale that saw prime steers ease 2-3c/kgLW while heifers and beef cows were back on the previous week by 5c/kgLW.
A small yarding of prime sheep met with good demand at Lorneville last Tuesday, with prices fully firm on the previous week's rates.
Source: Argentine Beef Packers S.A.
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