VALUES IN WAIKATO

New Zealand Herald, Volume LXXV, Issue 23083, 7 July 1938, Page 9

VALUES IN WAIKATO

MARKETS RATHER DULL POOR DEMAND FOR BEEF DAIRY CATTLE BUOYANT Business in most tho trade is particularly quiet for the time of the year. The fat cattle market, which has shown an easier trend during the last four weeks, gives no indication of firming, and the general opinion is that there will he no marked improvement for at least another month or six weeks. v

As a result of the dull state of th<* beef market, store cattle are becoming increasingly difficult to. trade. Gra/.icrs are attempting to hold their fat cattle until prices rise, and meantime little interest is displayed in offerings of stores.

"With prices for fat sheep showing no improvement, sales of store wethers, which have been offered at several Waikato centres recently, have been rather disappointing. Prices almost without exception arc below thoso ruling for the same class of sheep in February. At the winter sheep fair held at To Kuiti on Friday wethers, poor quality hoggets and aged ewes were hard to quit, but well-known lines of genuinely-farmed ewes elicited keen competition and made prices that were satisfactory, although below those of last year. At the same centre last year a particularly bright sale resulted, but this year buyers did not display the same confidence and bidding, except on good lines, was rather ! restricted. The market for fat pigs apd good quality dairy cattle continues buoyant. Quite a number of clearing sales havs been held during the past week and, although values for quality, cattle hare remained at previous levels, there has been an easing for backward and inferior sorts. Conditions in the various sections are as follows; BEEF ■ Lighter entries have done little to improve the tone of the market. At the Prankton sale on Tuesday ox beef was penned in better numbers, but the yarding of cow beef was the smallest seen at this centre for a Jong: time, only a few pens being on offer In spite of the fact that the quality of the ox beef was generally good, and included a fair proportion of well-finished medium-weight cattle, bidding was rather restricted and values showed no improvement, choice ox was quoted up to 35s per 1001b; (prime ox, 30s to 345; secondary and pain, 22s to 275; prime cows, 23s to 27splain, ISs to 225. MUTTON Yardings of mutton at outside sales do not contain anything outstanding and consequently prices do not usually exceed 28s for wethers. At the Frankton yards on Tuesday there was a fuli entry, which included the usual number of light and unfinished sheep. \\ ell-finished wethers were in demand and sold at rates equal to those of last week. Inferior sorts were again hard to quit rat lambs were penned in fair numbers and met with a slightly keener demand. Current quotations are:—Heavy prime fat wethers, 29s Gd to 32s Gd; prime, 27s Gd to 295; light, 25s to 275; unfinished, 22s to 245; heavy fat, ewes, 18s Gd to 21s; medium, 10s to 17s Gd; fat lambs, ISs (3d to 23s Gd. PIGS Fat pigs are coming forward in only small numbers; in many cases the supply is only sufficient for local demands. Competition for the number available is keen and prices, especially for porkers, • have advanced. The inquiry for stores has set in earlier than usual this season, and hero again values tf nd to firm. Good breeding sows are especially keenly sought and young well-bred sows, close to farrowing make" from £5 to £7. Porkers make 35s to £3 3s; baconers, £3 Cs to £3 19s. STORTFORD LODGE VALUES [BY TELEGRAPH PRESS ASSOCIATION"] HASTINGS, Wednesday Although there was 'a fairly good attendance at the Stortford Lodge stock gale price« did not come np to last week's level. Prica reductions were especially noticeable In the store sheep section, for which there were 8000 offering, about 700 sheep being dropped ont altogether at the beginning of the sale. Prices on sheep showed an average fall of about 2s. Cattle, although not showing last week's figures, brought a reasonable price. Only a few pens of steers, light chillers, that were not quite ready, were passed. • Top pric«a wnged from £9 to £lO 10s for com. and heifers from £8 10s to £9 17s Gd. The chief entries of ox beef realised £ll ss. Fat sheep ranged from ISs Gd to 19s 6d. •,

OHINEWAI OFFERING

Ihe Farmers' Co-operative Auctioneering Company, Limited, reports having held the monthly Ohinewai stock sale, wheu the cattle entry included a draft of light killable Polled Angus steers on account Of Mr. il. Cherry, of Te Kauwhata. These sold front £S 17s to £9 lis. Cow and heifer beef was penned in small numbers, and sold at unchanged rates. Boner cows realised firmer rates than at last sale. A good entry of dairy cattle included the herd on account of Mr. H. M. Sage, Roto waro. The demand was in accord with qualitx and condition of the offering. Cattle: Forward and killable two-year Polled Angus steers, £S 17s to £9 lis; fat second quality cows, £5 10s to £6 15s; fat Jersey heifers, £5 3s to £5 15s; killable cows, £4 6s to £si boner cows, heavy, £3 10s to £4 4s; light, £'- to £3; cull cows, 20s to 3os; bulls, £4 7s (id to £t> ss. Dairy cattle: Springing Jersey heifers, to £S ss; small Jersey heifers later calvers, £5 7s 6d to £6 is 6d; spring, ing Jersey cows, £7 10s to £S 10s; springing Jersey-cross cows, £6 to £7 15s; later, £4 10s to £5 15s; springing Shorthorn cows, £7 10s to £8 (is; later calvers, £0 to £7 sss aged dairy cows, £3 5s to £4.

Dalget.v and Company, .Limited, reports an average yarding of cattle. Competition on beef was only fair, while boner cattle were firm at late rates. The bidding on two pens of medium Shorthorn bullocks reached the vendor's reserve. Light fat Jersey steers, £6 13s; good young Polled Angus and Hereford fat cows. £7 10s to £8; light fat Jersey cows and heifers, £4 17s 6d to £4 12s 6d; boners, 30s to £3 14s according to weight and condition; rising two-year Polled Angus and Polled Angus-cross steers, £h ; small 18months Hereford steers, £4 335; frcsh-con-ditioned rising two-year empty Polled Angus and Polled Angus-cross heifers, ft 7s fid; rising two-year Shorthorn and Shorthorn-cross heifers, running with Polled Angus bull, £5; yearling Jersey heifers, £2 10s to £3. Dairy cattle: There was nearly .a full yarding. Competition was fair on anything showing quality, of which only a very few were yarded. Good quality - Jersey cows, £8 to £8 10s; inferior quality Jersey and Jerseycross cows, £5 10s to £6; Jersey heifers, c.v to £<j. \

HEAVY PAPAKURA ENTRY The New Zealand Loan and Mercantile Agency Company, Limited, reports a heavy yarding at Fapakura. The entry sold quite readily at values fully equal to those of last week. A heavy consignment of dairy cows and heifers came forward, practically all changing hands under the hammer. Best dairy cows close to profi:. and just calved, £9 5s to £lO oS J ffood, los to £0: late cfllvers, £5 to £i «>S; small and inferior, £4 to £4 i«SB- - bulls, £8 to £9 17$ 6'd; lighter £4 to £<i 10s; light fat cows, £6 \o £7 5;" others, it to £5; heavy boners, £2 15s to £3 10s: others, £1 ids to £2 10s; an offering of rising yearling heifers. to £3 10s. frankton quotations Wright, Stephenson and Company, Limited reports a good entry of fat sheep and cattle' at frankton. Lxtrs prime wethers sold up to orc : £°o- h fM Vy r W I t i her , S ' t0 30s; medium. _bs to 2(S 6d; light, down to 255; fat ewes. ISs: fat lambs, 17s to 20s. The bulk of the yarding of fat rattle comprised bullocks, for which there -pas a fair inquiry. Prime bul. t £lO tner '' um weights, £9 Is WAIHI REALISATIONS [bt TELEGRAPH —OWN correspondent] WAIHI, Wednesday The Farmers' Co-operative Auctioneering Company, Limited, reports that the entry of dairy cattle at Waihi did not meet with brisk competition andVin most cases failed to reach vendors' reserves. Dairy Jersey cattle. August calvers_, £9 to £9 ss; later ealvers, Al> Ids to £7; unsound dairv cows,' AM to AI 15s; light fat- cows, £5 9s to £5 Ms; heavy boner cows, £3 10s to £4; poorconditioned boners, £2 Is to £2 9s. • whakatane pig rates [by telegraph—own correspondent] WHAKATANE, Wednesday The store pig section was in good; demand at the Farmers' Co-operative Auctioneering Company, Limited's, fortnightly pig sale> Whakatane. The yarding was cleared. at verj satisfactory prices to sellers. £Md bacon . to Al; medium, A3 12s to £3 Alt (is to £3 10s; heavy !»{*«*» .j ~ h f £i £•2 12s; medium, %i J7ss slips, 15s to £1 19s; good stores. i°. 2Jg; weangood, 25s to 2Ss; medium. - £ .y gowg, £/ ers. 16s to ISs; choppers, to to £5 15a. '■