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TAS Country : September 16th 2010
Friday, September 17, 2010 Tasmanian Country 21 The Stock Report Lamb prices hit the heights EARLY TO WIN: At Quoiba the new season lambs sold at extreme rates and most made $138 to $145.50 a head. market TALK Richard Bailey HALF he state is still in need of rain and the other half is ''floating''. It was an exciting week in the saleyards with lamb prices at levels probably never seen before. At Quoiba the new-season lambs sold at extreme rates with most making $138 to $145.50 a head. I am pretty sure we have not seen these sort of prices at this time of the year before and it might make early producers keen to come to the market a few weeks earlier than originally planned. Old lambs also sold well at Quoiba with heavy pens making $125 to $146, a head, trade $118 to $130 and lighter $93 to $115. At Killafaddy, heavy pens made $130 to $150, trade $111 to $128 and light trade $114 to $117. I reckon most lambs worked out between 520c and 560c/kg. It is also interesting to note the Tasmanian slaughter figures from last week where we saw only 5340 lambs killed. We have been over 8000 a week for the past four months and so we are probably seeing the affect of short supply, which given the recent very good prices is not surprising. Mainland lamb prices are generally in the 500c-560c/kg range. Most north- ern Victorian and NSW lambs are new season. These parts of the country are experiencing a very good early spring and there is more weight in the lambs than most years and not nearly as many being bought to go back to the paddock, which will have interesting repercussions later in the year. We are seeing very few mutton in our saleyards -- 300 at Bridgewater and only 150 at Killafaddy. At the latter, almost all sheep were trade weights and made $87 to $104 a head. Most worked out well over 400c/kg dressed weight. These sort of prices have been seen on Auctions Plus but I doubt that I have ever seen this level at Killafaddy before. In Victoria, most mutton is selling for 420c to 500c/kg, which, when you compare it with the trade cattle price, is incredible. On to export news from MLA, which reports that Australian beef exports to Southeast Asia and Greater China during August were the highest on record for the month of August. Despite the stronger Aussie dollar, buyers in the region have continued placing orders to satisfy Ramadan consumption and also to prepare for the expected low stocks in the near future. During the year to August, Aust- ralian beef exports to this region reached the highest total on record -- 84,096 tonnes -- with shipments to Malaysia, Hong Kong and Thailand breaking records. Trade to Indonesia, Philippines, Singapore and Taiwan has experi- enced a strong recovery from the low volumes registered earlier in the year. All good news! STL1105776 Order at www.aaatags.com or Ph: 0419 608 570 Lowest cost NLIS approved sheep ear tags direct from the manufacturer to you! Rains bring rejoicing interstate IT'S full steam ahead for agriculture in south-east Australia. After years of drought, farmers are rejoicing at flourishing crops and booming livestock prices. Regular rain has de- livered more than green pastures, stunning crops, sleek cattle, fat sheep and full dams. In the past week: Unjoined Merino ewes sold to a record top of $204 at Hillston in the Riverina. The benchmark Eastern Young Cattle Indicator rose to its highest level in four years. Water from last week's Victorian floods flowed into major catchments. Dairy Australia released a positive industry outlook. ABARE forecast a near- record national wheat crop. Export wheat and barley topped $300 a tonne. Victorian Farmers Feder- ation grains group presi- dent Russell Amery said most of the state's farmers were having a ''significantly better than average season''. ''We are not out of the woods until the header is in the paddock and the grain is in the silo but it is looking promising,'' he said. ''It must have been 1995 or 1996 since the state has looked this good.'' Mr Amery said better prices combined with big yields could claw back some of the financial dam- age caused by the drought. ''Hopefully this year will encourage people to keep farming,'' he said. ''The concern is though that this may be the year people have been waiting for to put the 'for sale' sign up.'' Traders this week said prices for APW wheat and malting barley had rea- ched a ''new plateau'' of $300 a tonne delivered to Victorian ports. Good winter rain in east- ern Australia has prompted ABARE to lift its wheat crop forecast by almost three million tonnes to 25.1 mil- lion tonnes --- well above the 22.1 million tonnes in its June forecast and the second largest on record. New South Wales will produce its largest wheat crop on record with ABARE inceasing its fore- cast by 3.3 million tonnes to 9.9 million tonnes. Victoria is tipped to pro- duce a 3.4-million tonne wheat crop, the largest since 1982-83. On the livestock front, better seasons are creating a hot market for restock- ers, despite the strength of the Australian dollar. Last week, the Eastern States Young Cattle Indi- cator hit 370c/kg carcass weight, its highest point since August 2006. A Meat and Livestock Australia spokesman said rain was affecting markets. ''Restockers and the season will continue to drive the young end of the [cattle] market,'' the spokesman said. ''[If] drier conditions pre- vail into the second half of September, new-season lamb numbers are ex- pected to surge. ''This will put down- ward pressure on prices . . . [but will leave] them well above historical levels for this time of year.'' Ruralco Holdings south- ern livestock manager Rob Bolton said the $204 paid for unjoined Merino ewes at Hillston on Monday could be a sign of things to come. ''What we have seen [at Hillston] may be the best or it may be the start,'' he said. Australian Fodder Indus- try Association executive officer Colin Peace said this spring looked like ''one of the biggest hay-making seasons for years''. The Weekly Times Dimity & Michael Hirst would like to thank all the buyers, under bidders and people who came along to support our sale. Without your support and belief in us, the day would not have been the success that it was. Thankyou all so very much, we were humbled and honoured for everyones comments and approval of our cattle. Dimity, Michael and all our girls 2019657-100917
September 9th 2010
September 23rd 2010