Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Falling kiwi dollar helps sheep prices soar

Hawkes Bay Today
5 Sep, 2018 05:00 PM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
August saw sheep prices rise.

August saw sheep prices rise.

August was the month at Stortford Lodge when sheep prices soared.

Ewes and lambs had been increasing in value steadily since the beginning of the year but August was a new story altogether as prime ewes broke the $200 mark and store lambs beat the returns for prime lambs only a year ago.

A falling NZ dollar, increased demand from China and a reduced supply worldwide meant good news all round for those with sheep to sell.

A good lambing last year also meant plenty of lambs to sell and a good autumn and kind winter means most of them are top quality.

Contract finishers with targets to meet and grass to eat have been the biggest buyers as the numbers on offer grew each week.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The growth in numbers is likely to continue as paddocks are wanted for cropping and work begins on orchards. Ewes have been coming into the prime sale in diminishing numbers which are likely to rise as wet-dries are sorted out on farm.

PGG Wrightson livestock manager Neil Common said lamb auction prices were $15 to $20 above what processors were paying as procurement wars stepped up.

The store lamb market followed the prime market with the best lambs topping $170.

Advertisement
Advertise with NZME.

The good store prices were attracting lambs from farms where they might have been finished because it was easier to sell them sooner for what was still excellent money, thus saving the cost of drench and shearing.

Also in the store markets, good Wairoa ewes in-lamb to a terminal sire made more than $230. Even lesser and later lines topped the $180 mark. At one sale two-tooths reached $240.

Ewes with lambs at foot started the month at record prices around the $124 all counted mark but eased toward the end of the month as the numbers came in and the quality varied.

In the cattle rostrum the store market came out of the winter doldrums with signs of a grass market as buyers returned.

Common said quality cattle of any age sold well, which was pleasing after a quiet winter.
Small numbers of prime cattle generally sold well with heavy steers going past $3/kg. In-calf cows attracted a premium as well.

Advertisement
Advertise with NZME.

He said farmer morale was good at present as lambs and claves were born into good weather with the grass beginning to grow.

It is shaping up to be another good year with few weather-related losses and the prospect of good prices continuing despite an easing at the first sale of September. Water tables were high and everything was lining up for a good start to the new season.¦

Save
    Share this article

Latest from Hawkes Bay Today

Hawkes Bay Today

Community's 'eye-catching' pyramid Anzac memorial turns 100

24 Apr 10:00 PM
Hawkes Bay Today

Police, Netsafe warn about AI photo of body bags at triple-homicide scene

24 Apr 09:00 PM
Opinion

A call to action: Junior sport volunteer numbers are falling off a cliff

24 Apr 07:08 PM

Sponsored

Endangered bird gets another chance

21 Apr 02:30 AM
Advertisement
Advertise with NZME.

Latest from Hawkes Bay Today

Community's 'eye-catching' pyramid Anzac memorial turns 100
Hawkes Bay Today

Community's 'eye-catching' pyramid Anzac memorial turns 100

The Wimbledon WWI memorial was built in 1925-26 by locals using Cape Turnagain stone.

24 Apr 10:00 PM
Police, Netsafe warn about AI photo of body bags at triple-homicide scene
Hawkes Bay Today

Police, Netsafe warn about AI photo of body bags at triple-homicide scene

24 Apr 09:00 PM
A call to action: Junior sport volunteer numbers are falling off a cliff
Opinion

A call to action: Junior sport volunteer numbers are falling off a cliff

24 Apr 07:08 PM


Endangered bird gets another chance
Sponsored

Endangered bird gets another chance

21 Apr 02:30 AM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • NZME Digital Performance Marketing
  • Book your classified ad
  • Photo sales
  • © Copyright 2026 NZME Publishing Limited
TOP