Older ewes sell well at Te Kuiti
Older and capital stock ewes sold to an improved market at the annual four, five, six-year old and capital stock ewe fair at the Te Kuiti Saleyards.
The yarding of 13,000 capital stock and five and six-year-old ewes sold very well, PGG Wrightson King Country livestock manager Bill Harrison said.
"I though the market was where it should be."
Top five-year-old ewes sold from $105-$127, the second cut of these ewes made $85 and six-year-old ewes sold for $94-$96.
The top price paid for the lines capital stock ewes was a pen of four-year-old coopworth ewes that sold for $155. Four- tooth ewes from the same vendor made $152 and their line of six tooth ewes made $148.
Four and six-tooth capital stock perendale ewes sold for $138 and four- year-old ewes from the same vendor made $134.
Harrison was initially concerned that this sale might follow the trend seen at the recent two-tooth ewe fair, where prices were back $15-$20.
However, this was soon put to rest with the large gallery of buyers from the King Country, the Waikato as well as a buyer from the Hawke's Bay that met the market.
"There was more confidence among the buyers this week, whereas last week it was hard work. It was easy to sell this week because people had come to buy."
Many of the buyers were looking for older ewes to mate with a terminal sire and produce a heavy lamb, he said.
The prices were in line with similar fairs that sold older ewes around the country over the past week.
Harrison said the vendors he spoke to were very happy with the prices they received for their ewes.
- Waikato Times