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April 9, 2025 3 mins

We take our monthly look at the rural market with PGG Wrightson Livestock. Today we head to Taranaki. 

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Episode Transcript

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Speaker 1 (00:00):
Monthly. Here on the country, we catch up with the
team from PGG Rights and have a look at the
state of the rural live stock market. Today, we're heading
to the Taranaki region where we find Andrew Gibson, the
livestock manager. Is the drought over Andrew.

Speaker 2 (00:14):
Hey, Jamie, Yeah, we had some pretty good rain there
last week. Most of the province that have got it.
The south and the North really needed it. The central
boys are coming along pretty good. It's all on top
of the air season production of the last few years.
So but yeah, the South and the North really needed it.

Speaker 3 (00:33):
But unless I've had some, so it should change pretty quick.

Speaker 1 (00:36):
In green Up, Yeah, well, I hope you can build
up a good feedbank before winter, maybe just in time
beef pricing cole cows At this time of the year,
dairy farmers are getting rid of their cole cows. They're
like gold.

Speaker 2 (00:51):
Yeah, there's the prices have been through the roof and
it's really pushing demands, you know, to go to the
sale yard. A lot of competition in the yards from
all all works seem to be there trying to compete
for the same kettle and fill the chains up. And
the prime market too is obviously very strong, but you
know the cattle numbers will soon fall away really quickly.

(01:13):
So yeah, we're just just trying to clean up the
last of those cold cows and then guys that have
been in.

Speaker 3 (01:17):
Those tough positions in the draw, I just moved in
pretty quickly.

Speaker 2 (01:20):
So yeah, sort of still coming through a little bit
and still and just obviously making big money.

Speaker 1 (01:26):
Yeah yeah, well it's good that they can quit them
in a dry season for really good money. What do
I need to pay? Talking about really good money, what
do I need to pay for a big holsting dairy
cow and the taranaki At the moment.

Speaker 2 (01:40):
We've got it, we've got to dispersal. Today Mark have
got their whole sting dispersal. You know, some of the
cows we haven't had the option yet, but it should
go pretty strong. Made the cows that presented so well,
and if people do want to get on like and
have a look. But look, normal commercial cows are going
to be making between the twenty five and thirty five

(02:01):
hundred bucks. I'd imagine it at option.

Speaker 3 (02:05):
For a decent ku just with a shortage around.

Speaker 1 (02:08):
See, that is good money. It has improved quite a bit,
so putting Trump and his tariffs to one side, because
that's the orange elephant in the room. No one knows
what's happening there. I don't think he even knows, to
be perfectly honest. But if the world would just calm
the farm are we But things are looking really positive
for pastoral farmers here in New Zealand.

Speaker 3 (02:29):
Yeah, everything's positive.

Speaker 2 (02:30):
It's looking really good.

Speaker 3 (02:31):
The futures look so good, like the you know, the
lamb and the u.

Speaker 2 (02:34):
Kills look strong going forward, the dairy market strong, the
beef looks strong. Yeah. Look, Trump will do what he does.
I think we just got to carry on with what
we know best and let.

Speaker 3 (02:45):
The world just happen around us. But yeah, I think
it's looking real good. There's some real positive talk around though,
which is awesome.

Speaker 1 (02:51):
It is good, Okay. I hope you get some more
good follow up rain and you can break the back
of that drought well and truly. Andrew Gibson from PG
you right, so, Taranaki Livestock Manager, thanks for your time.

Speaker 2 (03:03):
Thanks Jamie. Cheers mate,
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