Sunshine required to initiate spring flush – and re-energise livestock markets

July and August are traditionally the quietest months for South Island livestock markets. This year has been no exception, in fact the wetter than usual winter reduced activity still further. Yarding numbers have been down in all South Island saleyards, and the traditional store lamb market has been below its usual level: buyers and sellers alike are content to hold back until the spring before offering or purchasing stock.

Although stock numbers are down, prices remain buoyant, and are ahead of this time last year for all classes of prime stock.

Once the sun comes out the ground’s high moisture content is set to promote plenty of grass growth, suggesting a bumper spring is likely. A favourable summer and autumn in Canterbury and Marlborough means scanning rates are excellent and exceptional lambing percentages are in prospect this year for those regions. Southland scanning rates are lower due to the dry autumn, so they will be hoping for a mild spring to help ensure a good survival rate of lambs born.

Coupled with meat processing companies’ schedules remaining elevated, the South Island livestock markets are therefore primed to respond quickly and positively once the weather improves.

Shane Gerken, PGG Wrightson South Island Livestock Manager