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Forbes Phoenix

Jemalong Wool Pty Ltd Weekly Market Update

July 7, 2016 by Maggi Barnard

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Week ending: 30 June 2016
It was a strong finish to the 2015/16 season with the NRI gaining 14 cents to close at 1,317 the second highest season closing level on record.

Although all 3 centres were in operation it was another small sale of 28,866 bales making it the smallest 3-centre sale since August. It was a similar pattern to last week with the overall market spurred on by strong support in the medium/broader micron ranges, while the finer microns results lagged their broader counterparts, firming by a more modest 5 to 10 cents clean.

Merino Skirtings maintained good competition and firmed slightly. Merino Cardings also held firm for the week. Crossbreds had mixed results; recent support for the finer microns (25/26) persisted this week while the broader microns lost ground.

Two more auctions remain before the annual three week recess; next week is estimated at 38,265 bales.

Wet Weather Affects Stock Grazing

July 7, 2016 by Maggi Barnard

With all the wet weather stock grazing on winter forage crops may not be currently performing to their potential. Symptoms may include scouring, increased respiration, agitation, nasal and ocular discharge and lameness.

There is often a poor balance of the nutrients stock required to ensure their digestive and metabolic systems function properly. This results in poor feed utilisation (wasted feed), poor growth and weight gain potential.

Supplementation of stock with Grazemax Ultra loose mix has shown significant weight gain advantages and up to 65% less feed consumed per kilo of weight gain. Crop nitrogen requirements should also be closely assessed to meet potential crop demands.

Many factors will influence crop requirements such as paddock history, sowing nutrition, grazing, target yield and weed presume to name a few. Ground-spread topdressing opportunities are a little difficult at the moment so it’s best to be prepared. Speak to a local agronomist to help with topdressing considerations.

Miller And James More Than Your Average Real Estate

June 9, 2016 by Maggi Barnard

Established in 1903, Miller and James Real Estate Temora is much more than just a traditional real estate business. Miller and James principles, Chris Reardon and Angus McLaren have been involved in agriculture all their lives. They were both raised on family farms and know agriculture in our region back to front. They understand that rural property transactions involve a lot more than putting a sign on the front gate and a couple of ads in the local paper.

Mr McLaren says the key to the success of Miller and James is relationship building. “Our business has been operating for 113 years. We have been dealing with some clients for three generations or more. Whether people are selling, buying or leasing rural property, we have a database that can find a solution to what our clients require in any situation. That is where we add value.”

Mr McLaren also said that as farms have become larger, Miller and James had made a conscious decision to increase the geographic spread of the business. “We basically service from the Lachlan to the Murray. We pop up all over the place. We may be based in Temora, but we travel everywhere. No farm is too big or too small for us to look at.”

With the rural property market very strong at the moment, Mr McLaren believes now is a good time for those people considering retirement or a change in direction to contact Miller and James to arrange an onfarm
meeting. “We provide free market appraisals and the best thing is that it doesn’t cost you a cent to talk to us,” said Mr McLaren

Rain Brings Strong Month For Livestock Market

June 9, 2016 by Maggi Barnard

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Wow what a month we have seen. With widespread rain throughout all of the eastern states of Australia we have seen some fire in our livestock markets. With this wide spread rain we have seen numbers restrict further in the sheep and cattle markets which intern has had positive gains in prices.

In the cattle market we are noticing a purely supply and demand driven market, with numbers low through all grades we are seeing restocking and feeder steers making from $3.40 to $3.80 c/kg, feeder and restocking heifers are making in excess of $3.00 c/kg and up to $3.50c/kg. On the export front we have seen some great gains with heavy steers and bullocks back over the $3.00 c/kg mark and up to $3.25c/kg, and cow supply has tightened and seen most grades receiving promising gains with the best of your heavy cows making up to $2.50 c/kg. I believe this cattle market for the next month will stay considerably strong as long as numbers stay low and demand keeps high.

To the sheep and lamb markets, hold onto your hats because things are really heating up, but for how long? With the lamb market we are seeing very strong gains in both domestic and export markets with most domestic and export processors offering over the hook rates in excess of $6.00 c/kg and in the saleyards we are seeing the best heavy trade and light export lambs making from $145 and up to $170 and the extra heavy lambs making up to $230.

The mutton market has rallied on to sky high rates with most mutton making in excess of $4.00c/kg and in the yards with the best of the heavy mutton making up to $170 for full wool heavy merino ewes and wethers.

So until next month let’s hope for these strong prices to continue. For any other information on market trends or marketing options don’t hesitate to call.

By Adam Chudleigh

Jemalong Wool Pty Ltd Weekly Market Update

June 9, 2016 by Maggi Barnard

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Week ending: 2 June 2016
With just over 34,000 bales offered nationally, the results for the week were largely reflective of supply. For Merino Fleece that meant a focus on the small volume of 20.1 and broader, which resulted in a slight firming over the two days. Meanwhile the larger portion of the Merino Fleece sector, which was in the finer microns, proved to be a drag on the market. The better types (stylish/40nkt) still managed good results and were in line with last week but the lower spec types had unconvincing support and were generally 10 to 20 cents cheaper.

“Room2” types also found good demand on limited volume. Merino Skirtings were mostly unchanged on the previous sale with Beststyle/low VM types maintaining recent buyer enthusiasm. Merino Carding recorded strong results with increases of 5-20 cents. Crossbreds had a mixed outing with increases in some microns being balanced out by losses elsewhere. Next week’s offering of 28,594 bales, will be the smallest sale in 12months.

Magnum Tractors On The Range At Mcclintock’s

June 9, 2016 by Maggi Barnard

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McClintock Central West Machinery Centre has your best range of Case IH Agricultural tractors, and they currently have five different models in stock. The Magnum is the latest range of fuelefficient yet powerful machinery, and they are great for minimizing operating costs as a consequence.

With a robust design that is in pace to handle tough conditions, these tractors are highly reliable, and will increase productivity on the farm. The five models available at McClintock’s range in power from 250-horse power all the way up to 380 horse power. The models are the Magnum 250, 280, 310, 340 and 380.

For farmers that like to do their work after sunset, the Magnums can also come with an optional 360-degree lighting enhancement, and with a split throttle control system, operators can select their working speeds and revolutions per minute.

The friendly staff at McClintock’s will help you with all of your machinery needs. They are located on Angus Clarke Drive, just off the Parkes Road.

Polaris Tax Time Deals At Forbes Small Engines

June 9, 2016 by Maggi Barnard

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Forbes Small Engines are now in their 28th year of business. Located at 25 Union Street, owners Paul and Maree Westcott are keen to promote their Polaris tax time deals now available in store. “We’re dealers for Polaris ATV’s and side by side Rangers and have been since the early 90’s and our range includes more than fifteen different Polaris models – from the kids Outlaw 50cc to a 1000 Diesel Ranger there is one to suit your needs” said Maree

“We’ve got a POLARIS Hawkeye 325 heavy duty for only $5995 ride away and we’re offering a free bar and side rail kit on our heavy duty POLARIS 570 Ute, plus the Polaris Ace 325 and Ace 570 are another popular model in our Polaris range. Priced at $7999 the Ace 325 has been a very popular choice” said Maree.

Forbes Small Engines’ qualified mechanics carry out all engine repairs and undertake regular training and conferences to keep uptodate with the most recent product developments. Other popular brands include Husqvarna, Kohler Expert Dealer, Echo Saws and Cox Ride on mowers. The shop stocks a variety of other brands and the showroom is always heavily stocked with a great range to suit you.

Need finance? Forbes Small Engines provide that too! An ABN is required for the Polaris Finance and it is a very simple process. If you’d like to know more about the finance options, feel free to give them a ring on 6852 3228. The team strive to give customers the best possible service, advice and repairs to all types of small engines including motorcycles, lawn mowers, brush cutters, chainsaws, edgers and pumps. Call in to 25 Union Street and meet the “Small Engine” team.

Forbes Sheep Market Report 12.4.16

April 13, 2016 by Maggi Barnard

Forbes Sheep Sale

Conducted 12/04/2016

Yarded 27967 including 22944 lambs. Prime lambs, especially heavies were again well supplied. The reduced numbers helped to hold prices close to last week’s rates and prices were similar. Light lambs eased $2 to $3 bot all grades of slaughter sold at unchanged rates to slightly better in places for the heavy export lambs. Merino lambs were fully firm compared to last weeks sale.

Trade weight Lambs (18 to 22kg)
$102.00 to $129.00

Heavy Lambs (23 to 26kg)
$128.00 to $142.00

Extra Heavy Lambs (over 26kg)
$146.00 to $177.00

Store Lambs
$75.00 to $108.00

Heavy Merino lambs
$128.00 to $145.00

Trade weight Merino Lambs
$95.00 to $126.00

Hoggets
$84.00 to $105.20

There were 5023 grown sheep yarded prices were $3 to $5 below last weeks dearer rates.

Shorn Merino Wethers
$75.00 to $103.00

Merino Ewes
$72.00 to $109.00

XB Ewes
$80.00 to $123.00

Light Sheep
$27.00 to $68.00

Merino Rams
$70.00 To $110.00

Forbes Cattle Market Report 11.4.16

April 13, 2016 by Maggi Barnard

Forbes Cattle Sale

Conducted 11/04/2016

There were 2335 yarded. Increased numbers included more plainer grades and all descriptions eased as expected. Prime yearlings were 10c a kilo cheaper but the feeder types dropped 15-20c. Heavy steers were back 10c and cows eased as much as 15-25c compared to last week’s sale.

Prime yearling steers up to 440kgs
278.0c to 310.0c

Prime yearling heifers up to 440kgs
247.0c to 288.0c

Feeder steers
285.0c to 315.0c

Heavy Steers over 500kgs
270.0c to 288.0c

Heavy steers over 600kgs

Heavy Heifers
245.0c to 267.0c

Cows – 2 score
176.0c to 212.0c

Cows – 3 score
200.0c to 225.0c

Heavy Bulls
to 255.0c

VCR Livestock Marketing Services Report Good Pig Sales

April 7, 2016 by Maggi Barnard

VCR Livestock Marketing Service’s Scott Reid said recent pig sales have been a
success in Forbes, with pig numbers and prices being on par with expectations for this time of the year. About 650 pigs lined up for the most recent pig sale last Friday, with different types of pigs selling at different prices.

Small pigs sold for about $10 per head cheaper than average, but the grown pig, bacon and pork markets sold at firm prices, according to Mr Reid. He added the best sow pigs sold for between $1.40 and $1.80 per kilo, sold at live
weight, while boars sold for between $0.25 and $0.75 per kilo, again at live weight.

Both bacon and pork were sold per head, with prices varying depending on the quality of the pig. Mr Reid said the best bacon pigs were sold for $300 each, while the best pork pigs went out for about $190 each. However, he added there was a wide variety of selling prices, with bacon pigs selling from $150 upwards, while pork pigs went out the door from $100 upwards.

Mr Reid said each statistic from the sale showed the pig market was operating
as one would expect for this time of the year. “The pig market is strongest around Christmas time,” he said. “Prices have eased off since Easter, but
this is normally the cheapest time of year for pigs as the demand is lower.”

“Having said that we’ll expect the prices of sows and bores to come back up during the winter period, but the other types of pigs should stay similar to what they are currently.” The next pig sale will be next Friday, April 14.

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