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June 3, 2026 4 mins

PGG Wrightson’s Taranaki Livestock Manager updates the dairy cow and beef bull sales.

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Speaker 1 (00:00):
For the second time today on the Country. Let's talk ball.
You've already heard from Shane Jones. He's full of it,
very entertaining. This bloke might be a bit more Circumspector's
name is Andrew Gibson. He's the area livestock manager and
auctioneer in the Taranaki region for PGG rights and of
course as the ball selling season we're shifting lots of

(00:21):
dairy cows as well. Hey Andrew, are you Shane Jones fan?

Speaker 2 (00:25):
Hey Jamie, Yeah, I am. Actually I don't mind the
politicians that ripplyn and tell the truth, so most of
the time he's pretty good. And yeah, I don't have
to call the light crayfish in Parliament was a good idea.

Speaker 1 (00:37):
Well, it wasn't for the crayfish. It was for Shane.
He reckoned. He got it down his gob before Jerry Brownly,
I hate it. That would be a battle of two
big men, Okay, I want to start because Taranaki along
with the white cattle. Although I might get hung and
drawn and courted in Southland and Canterby for saying that,
but they you're the traditional dairying province now at this
time of the year. Of course we had moving day

(00:59):
or week canned or week just past. There's a lot
of farmers, share milkers changing jobs, changing farms, and a
lot of herds, dairy cow herds changing ownership. Are they
like gold? What do you have to pay for a
decent dairy cow these days?

Speaker 2 (01:15):
It's been a big, big air of transactions, a lot
of movement around the place. And you know, most of
the cows and the paddock were making between twenty eight
and so the thirty one hundred and paddock sales, but
the auctions have been they've ticked along a lot better
with people picked through and the carving dates and breeding
worths and pte w's in productions. So yeah, there's been

(01:36):
a huge amount of transactions and it's gone so smoothly
that really with the fuel price and and fairy sort
of prices jumped up, but everything went smooth. With the
weather a month of Mays is so beautiful, so it
all ended up being okay. So that was good.

Speaker 1 (01:52):
Lots of farms changing hands and Taranaki.

Speaker 2 (01:56):
Yees talking to the rabobank team the other day and
saying that there's one hundred and four sales over four
hectares and they're saying that there's been the fifty four
of farm transactions recorded in Taranaki this season, so good, good,
really good to see a lot of young guys are
ripping into it again, which three years ago I was

(02:16):
probably pretty concerned about the amount of young people exiting
the industry. But the futures look good. So the young
guys are getting back in and having a crack. You're
buying some nice farms, which is good to see and.

Speaker 1 (02:27):
Good on them. Okay, put on your other hat, put
on the beef hat. We're in the ball selling season.
I think last year we had a record one hundred
and sixty grand for a black angus ball. All anguses
are black, aren't they? For an angus ball? What are
you seeing in your home patch?

Speaker 2 (02:42):
Well, we haven't had too many in Taranaki yet, but
around the North Island the boys and the Generics team
have started off really well. The averages are coming out
good and once again, you know, based dispose on the
bottom end of a high meat schedule, those balls are
worth good money in another another ways, So that dove
started well though. The averages are really good, and it's

(03:03):
so good to see around the country that those breeders
have been rewarded once again. So yeah, Cam Higgey and
the boys as ticking on real good.

Speaker 1 (03:11):
Okay, Andrew Gibson there from PGG Rights and talking about
the bull sales. Just before I let you go, you
were mentioning these really good prices of a hark back
to the dairy cows. But isn't there an old mathematical
equation that says you multiply the annual production by the
milk price. And if that was the case, wouldn't dairy
cows be cheap at three grand? Yeah?

Speaker 2 (03:33):
You know, years ago when I started, it was there
was the production of the care times the payout is
how we sort of came up with the value of
the cow, and you know most most people around the
country would be doing you know, I would suggest between
four fifty and five fifty solids, if not better, you know,
times a ten dollars payout. It is making cows affordable
and vetted in calf with a calf inside them too.

(03:55):
So yeah, there's good opportunities and those young guys, you know,
I think it's that they were will come out real
good out of this coming season and heating board in
the short term anyway, Yeah.

Speaker 1 (04:04):
The fundamentals are looking really good, not only for beef
but also for dairy. Andrew Gibson, thanks for your time,
not a problem.

Speaker 2 (04:10):
Thanks Jamie
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