3 Big bucks for stag Vol 18 No 3, January 28, 2019
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Ewe prices rocket Annette Scott
I
annette.scott@globalhq.co.nz
T WAS a sale agents predicted where demand driven by industry confidence pushed prices at the Temuka annual two-tooth ewe fair on Wednesday. “There’s plenty of confidence to buy today, there’s stability in the market and there’s confidence in the red meat industry from both farmers and processors alike,” PGG Wrightson auctioneer Jonty Hyslop said. “With a good past 12 months following on from some years of drought and industry uncertainty I expect we will see some good confidence that will drive what farmers are prepared to pay and that’s likely to be getting up there,” industry stalwart Peter Walsh said. And he was right on the mark with the top price of the sale being $320 for Border Romneys offered by breeder Bruce McDonald of Peel Forest in South Canterbury. Holding on as traditionally topping the sale the Border Romneys not only fetched the top price, all but two lines of the breed made more than $300. Capital stock Romneys sold from $252-$290 with other smaller lines selling from $234-$266 while Romney-Texel made $230-$263. Coopworths sold from $208$274, Coopdales $274-$279, Coopworth-Romney $279 and Coopworth-Texel $272. The best of the Perendales fetched $245 with others selling from $228-$240.
PLEASED: Nick Bird, right, with father Alan, is happy with the Romneys he bought.
We are happy with our buy and we know we are getting good genetics and very good stock. Hayley Moorhead Moorpark Farm
Bruce McDonald is a long time vendor at the fair and his stock are always keenly sought. This year his top two lines were bought by David and Hayley Moorhead of Moorpark Farm
at Southbridge, just south of Christchurch. “We are happy with our buy and we know we are getting good genetics and very good stock. “The price is as we expected this year – hoping not to be but expecting to be. We have had them before and we know we got good sheep,” Hayley Moorhead said. Buoyed by confidence in lamb prices Moorhead said it is a matter of keeping their flock strong. “We need to keep the flock going despite what might be happening three years out and this year we had to part out more to get what we wanted but that’s a positive signal of confidence in the industry.” Modest about his stock fetching
top price McDonald said he was happy with the ewes he offered this year. “It’s been a good year for sheep farming. They were looking reasonable and they made a reasonable price.” McDonald has been breeding for as long as he can remember, taking over from his father before him. “You have got to be optimistic, it’s an industry that has its ups and downs and at the moment we are looking pretty good. It would be good to see wool doing a bit better though.” Nick Bird is a young farmer keen on sheep and building his flock and he had to dig deep to get good young ewes but he’s happy.
Running 450 breeding ewes, Bird is looking to push his flock number out to 1500-2000 ewes over the next three to four years as he develops his mixed sheep, bull beef and cropping operation in the Hakataramea Valley in South Canterbury. “This is the first sale I have bought at but I have been following the prices and knew what I was in for if I wanted to get good sheep that will take my flock forward. “Lamb prices are clearly pushing the ewe price up but I have plenty of feed and confidence in the sheep to push ahead with plans to grow my flock. “Everything will go to the maternal ram this year and I will keep my own ewe lamb replacements from now on. For self-confessed old timers, Ashburton farmers Norman Carr and John Miles said the industry needs to get more ewes on the ground and while they were just looking they agreed the industry is in good shape and what farmers are prepared to pay for good stock reflects that. “It’s said that you can double the price of a fat lamb and that will always benchmark the value of a good two-tooth ewe,” Miles said. So true, with top prime lambs at recent on-farm lambs sales fetching $160 against the fair’s top price of $320. But the pair of Suffolk breeders, while suggesting the Suffolk is still a popular terminal sire, said the prices are not necessarily flowing through to the ram prices yet. “But with the confidence we are seeing in buying ewes, that will come,” Carr said.