STOCK MARKETS

Wanganui Chronicle, Volume 79, Issue 222, 19 September 1936, Page 15

STOCK MARKETS

FEILDING SALE EASIER TONE IN FAT SHEEP CATTLE SECTION UNCHANGED. [Per Press Association] FEILDING, Sept. 18. There was an easier tone in the fat sheep section at the Feilding sale to-day, ewes, particularly were down. Store hoggets were also Inclined to be cheaper, but the was very good. The cattie .section generally showed unchanged prices. Range of prices:— Fat Sheep.—Ewes, best, 33s to 37s 6d; others from 25s 6d; wethers, to 39s 2d; hoggets, 24s to 26s 4d; b.f. 2tooths, to 39s lOd. Store Sheep.—Wether hoggets to 26s 4d; ewe ditto, to 34s 6d; b.f. ditto, 20s 7d to 24s 8d; ewes and lambs, 31s Sd. Fat Cattle. —Prime Hereford cows, £9 9s to £9 12s 6d; medium P.A. ditto, £7 10s to £8 7s 6d; Jersey ditto, £4 to £6 15s; heifers, best, to £7 12s 6d; vealers to £3 16s. Store Cattle. —Three-year Red Poll steers. £S 6s; 2-year P.A. ditto, £7 ss; yearling Shorthorn ditto. £3; 18months P.A., to £6 3s; yearling Shorthorn, £3 18s; boner cows, £2 to £3 19s, empty heifers, £3 16s to £s' 19s; yearling heifers, £2 10s to £4 12s 6d; forward P.A. cows, £4 15s. Dairy Stock.—Springing heifers, £4 17s 6d to £8; ditto cows, £4 to £6 15s; heifers in milk, £2 12s 6d to £3 15s. WEEK IN REVIEW The Farmers’ Co-op. in their weekly review of the stock markets, state that milder conditions have prevailed generally throughout the coun- | try, warm rains assisting the growth materially. Production remains fairly satisfactory some factories inclining to show an increase in production, with others somewhat of a decrease on the same period last year. The continued fall in dairy produce values is somewhat of interest, in view of the optimistic forecast that was made some weeks back with regard to the statistical position of the markets, every indication of a firm market ruling for some lime being given then. However, with the knowledge of the guaranteed price for the next 12 months fluctuations of the dairy market do not prove of such interest as before to the average dairy farmer. Interest has been centred on the wool sales held not only in Australia, but in South Africa, great optimism being shown with regard to the market for this commodity through the coming season. With Japan definitely out of the buying market in Australia, values remained exceptionally firm, showing a 5 per cent, increase on the same wools last year, while the recent sales in South Africa, where Japan purchases up to 81) per cent, of the offering, showed a 15 per cent, rise on the recent Australian sales, and with the floor practically clear for the new season’s ■wool, a very firm market seems assured as far as New Zealand is ebneerned. Interest is also centred on the future of the lamb market, and here again firm values seem to be the order of the day. With the increased prosperity in the Old Country, consumption for lamb has been extremely well maintained and the new season’s lamb gives every indication of being received favourably on the Home market. Values for all classes of stock on the local markets remain very firm on those ruling in our last report. Fat Stock.—Values for all classes of fat stock remain firm, cattle values week by week showing a somewhat hardening tendency. Sales during the week included several truck lots of prime fat cows and heifers from £8 to as high as £9 ss, with lighter cattle from £7 5s to £7 15s. The market for both fat ewes and wethers remains firm, a slightly bigger number of ewes coming on to the market with graziers going through their flocks, and indications are that the market has reached peak in this connection. Best fat ewes from 32s 6d to 355, best fat wethers from 36s to 38s. Store Stock.—AH classes of store sheep and store cattle remain in keen demand, with quotations few and far between. Ewe hoggets are keenly sought after, sales since our last report including a line of 400 off shears for delivery within the next week or two at 35s 9d, ewe hoggets in the wool ranging in value from 35s to £2 for extra good sheep; values for wether hoggets in the wool from 23s 6d to 25s 6d for extra good sheep. All classes of store cattle remain keenly sought after, here again the difficulty of quotations being the order of the day. Sales since our last report included 50 good 4 and 5-year-old P.A. bullocks at £9 ss, 40 3 and 4-year-old steers at £8 ss, 100 3 and 4-year-old steers at £8 2s 6d. Young station cattle remain extremely difficult to procure, sales including a line of 70 yearling and 2-year-old P.A. steers at £7. The difficulty in obtaining quotations of all classes of station cattle has resulted in graziers turning their attention to the store cows ex dairy, where very spirited sales arc the order of the day at all yards. Dairy sales everywhere attract very keen competition, the yardings in most cases leaving much to be desired as far as quality and size are concerned, good cattle in nearly every case bringing double figures, smaller and more inferior sorts ranging in value from £5 10s to £B. Yearling heifers and empty 2-year-old heifers are keenly sought after, but here again good cattle remain extremely difficult to procure. Best yearling sales included a truck lot during the week at an average of £5, best yearlings selling for £5 to as high as £5 10s, with best empty 2-year-olds from £5 to £5 10s, more medium sorts from £4 5s to £4 15s. Yard sales at all centres have been well supported, large yardings of store stock continuing to find their way in to the sales, where as reported, spirited sales are the order of the day. Yard Sale.—The Hawera sale on Thursday held under extremely adverse weather conditions, attracted an exceptionally large yarding of sheep for the time of year, a large yarding

of dairy cattle, and some 150 head of store cattle. The sale was extremely buoyant in every section, the weather conditions proving no set back to the keen competition displayed on all classes of stock. The specially advertised entry of 200 ewe hoggets, the property of Mr. B. C. Gibson, attracted keen competition, being finally ! knocked down at £2 Is 6d, other ewe | hoggets realising from 38s to £2 Os ! 6d, best wether hoggets from 25s to 265, black-faced hoggets from 26s to 28s 6d, fat ewes from 29s to 335. The | yarding was conspicuous for the qual- I ity of the sheep right throughout. The dairy sale was exceptionally buoyant, over 100 head changing .hands at ah average of £B—best heifers from £9 to £ll 10s, others from £6 10s to'£B 10s, best dairy cows from £8 10s to £lO 10s,. others from £7 to £8 ss. All classes of store cattle met keen competition, best tat cows from £7 to £7 17s 6d, others exdairy from £6 to £7 ss. lighter sorts from £5 to £5 15s, store bullocks from £8 2s 6d, paddock cows from £3 to £4 ss, store cows from £2 to £2 10s. ■ A small yarding of pigs met a sticky sale, weather conditions taking away from the competition; porkers 33s 6d, best stores from 16s to 21s, weaners from 12s to 15s.