Happy start to the new year
HARD to believe it, but here we are at the end of the first week of 2019.
Last week I went to the Tamar Valley store lamb sale where there was an excellent selection of 7261 lambs from three vendors (all members of the renowned Archer family).
There were 399 composite ewe lambs that were bought by breeders for $158 to $168/head while the best of the restocking lambs made $132 to $148, medium weights $120 to $134, light $111 to $123 and very small $65 to $101/head.
The overall average for the complete yarding was $125.41/ head.
Competition came from one interstate buyer from Bendigo and a strong local contingent from mainly the North West Coast and the northern Midlands.
While still on lambs, the instore terstate markets have opened a little higher than before the break with most lambs at Ballarat on Tuesday being quoted $5/head higher.
Many of the averages sat between 670c and 730c/kg carcass weight. While still on lambs, the vendors who took the forward contract prices of 760c to 800c/kg back in November for delivery in January have big smiles on their faces and in some cases I know that some needed some serious convincing by their agents but I bet they are thanking them now.
I don’t think I can ever remember seeing this number of cattle flowing into Tasmania, it will be interesting to see the official numbers when they become available. It will surprise many.
Last week at Barnawartha (the old Wodonga sale) and Yea in central Victoria, Tassie buyers were prominent particularly on well-bred Angus steers and heifers.
The other news of interest is the very strong competition provided by Landmark International who are buying for a Russian live-boat order.
These guys bought good numbers of cattle out of Tasmania last year and one would think they will be back this year.
In the first day of weaner sales at Hamilton on Monday they bought over a third of the calves under 330kg and then followed up on Tuesday. 2019 is looking good.