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Bargains at sell-out cattle fair

More than 2200 head of cattle were presented for sale at the Matawhero cattle fair yesterday and all were sold.

Most were weaners because the April weaner fairs were cancelled due to the Covid-19 lockdown. The long, dry summer and autumn took its toll on prices, which eased as the sale progressed.

Feed shortages have prompted farmers to draft off their smaller cattle to ease pressure on their capital stock.

Surprisingly, perhaps, most of the offering were in good store condition.

Some of the rising two-year cattle sold at prices comparable to weaners in 2019.

Many of the buyers were from the Wairoa district, some from further afield, however, some owners of small holdings around the Poverty Bay flats purchased bargains, some for as low as $180.

Details in Saturday's Focus on the Land.

SELL-OUT SALE: All the cattle yarded in the cattle fair at Matawhero yesterday were sold and there were some bargains late in the sale. The best of the R2 steers sold for $1230 and the top R2 heifers went for $810. The top weaner steers sold for $875, and the heifers for $665. Picture by Liam Clayton