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February 12, 2025 3 mins

PGG Wrightson Livestock’s National Dairy Specialist is based in the farming capital of New Zealand, Feilding.

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Speaker 1 (00:00):
Monthly here on the country we catch up with the
team from PGG Rights and to have a look at
the livestock market today up to the Batter's Box. It's
national dairy specialist based in the farming capital of the
country as I sometimes call it Fielding. Jamie Cunningham, Jamie,
just before we talk about a good payouts and good
demand for in calf cows. Are you guys getting a

(00:22):
bit dry there? I know further up the North Island
it is getting dry.

Speaker 2 (00:26):
Good afternoon, Jamie. Yes, yeah, we're starting to dry out.
But here now you know it is Febrie and we
had a very good genery but the dry starting to
starting to kick and now you know for it through
our region but also you know large parts of the
North London particularly, you know, is we move up the country,

(00:46):
it's starting to draw out and yeah it's a little
little concerning, but it is Febry.

Speaker 1 (00:52):
Yeah, exactly dry this month of the year. To get
the autumn rains, hopefully you'll be okay. Right, let's have
a look firstly at the payout. I think it was Westpac,
wasn't it that came out earlier in the week or
late last week. I've been in transit, so I haven't
been doing as much reading as I should have. Like
ten thirty for this season, ten dollars for the next season.
That those are those are very positive numbers.

Speaker 2 (01:15):
Yeah, it's really positive and positive to see and that
you know, it's seen good signals out there to the
farmers and the moods. The mood's pretty good out there
with farmers and yeah, really pleasing to see and looking
positive for next season too, which is great.

Speaker 1 (01:30):
Is it being reflected and what you've got to pay
to get a cow?

Speaker 2 (01:34):
Yeah, we've seen the cow the cow inquiry InCAR cow
and hipper inquiries been very strong and it's been strong
for the last for the last you know, a couple
of months, but it's starting to build a bit of
momentum now so that he's definitely a having an effect
on that which has impact on that price, which is
good for the sellers, not so.

Speaker 1 (01:56):
Good for the buyers. What do you have to pay?

Speaker 2 (01:59):
I guess those good quality cows you know are making
around the early two thousands, you know, depending on depending
on where they are located, et cetera. But yeah, around
you know too, I guess between two and two to
two is we're sort of just starting to see those
prices rise a little now, and it's yeah, that's probably
where we're sitting at the moment.

Speaker 1 (02:20):
See, I can remember ten or fifteen years ago having
to pay two and a half grand to get a
decent cow.

Speaker 2 (02:26):
Yeah, the cow prisce is interesting. That hasn't really fluctuated drastically,
you know, a couple hundred dollars either side of the
eighteen probably over the last seven or eight years. You
know who an't seeing drastic movement? Really it has been
relatively stable.

Speaker 1 (02:43):
Do you think we're going to see more demand than
there is supply?

Speaker 2 (02:49):
That's the signals we're seeing at the moment. You know,
we're the the good hurts that are coming on the
market aren't hanging around long. You know, obviously we're full
contracting these huge now for May delivery. And yeah, look
that that would be that would be one thing that's
starting to highlight herself a little bit. Is you just

(03:09):
supply and demand. I think the demand's going to outweigh
the supply a little bit. Okay.

Speaker 1 (03:14):
Jamie cunning Am out of Fielding a national dairy specialist
at PGG Wrights and thanks for your time. Will you
be going to the sale, isn't it Friday? As you
go everyone everyone turns up and Field and goes to
the sale and has a cup of tea right in
the middle of town.

Speaker 2 (03:27):
Yep, big big sale day tomorrow Fridays and Fielding at
the reasonable size sale too. So yeah, definitely, the Fielding
town seems to come to light on a Friday, which
is which is great. It's good, good for the town
and yeah, eveything happens on a Friday.

Speaker 1 (03:45):
Fielding, I think you're in a wonderful town. Not only
have you got a clocktail. Are you the only town
that I know of a major sort of size town
that has the sale yards or smack in the middle
of town. I think it's wonderful all right, Jamie Cunningham,
thanks for your time.

Speaker 2 (03:57):
Thanks Jamie,
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