Records tumble at weaner auction
The weaner auction at Grootfontein saw very high prices paid per kilogramme and many records were broken.
This year's Grootfontein weaner auction was a huge success and exceeded previous records.
With 2 155 weaner calves sold at an average price of N$6 684, the sales of N$14.4 million was a record turnover for the day.
The average price for weaner calves recorded on young oxen was N$33.33/kg with the highest price of 35.12/kg.
Heifers recorded an average price of N$31.12/kg with the highest price of N$34.21/kg. The purchasing power was at its strongest in years, with representatives from 10 South African feedlots.
Agra's general manager for auctions, Titus Koen, highlighted the quality of the calves delivered on both the Grootfontein and Outjo auctions.
“The animals are of the highest quality and we congratulate the farmers on their eminent products.”
Koen further encouraged producers to contact Agra Auctioneering Services and participate in the weaner competition to yield full advantage of the current favourable market prices.
This is the 6th year that Agra is hosting the National Weaner Competition. The main sponsors are Bank Windhoek, Sanlam, Santam and Feedmaster. The total sponsorship for this year amounted to more than N$400 000, which will be used for various category winners at the auctions and the awarding of the national champion.
Agra, in collaboration with Feedmaster, also presented a first for this year's weaner competition, which is for every weaner sold, the producer will receive a N$10 voucher that can be redeemed when purchasing a 50 kg bag of Feemdaster feed or lick at any of the Agra branches countrywide.
STAFF REPORTER
With 2 155 weaner calves sold at an average price of N$6 684, the sales of N$14.4 million was a record turnover for the day.
The average price for weaner calves recorded on young oxen was N$33.33/kg with the highest price of 35.12/kg.
Heifers recorded an average price of N$31.12/kg with the highest price of N$34.21/kg. The purchasing power was at its strongest in years, with representatives from 10 South African feedlots.
Agra's general manager for auctions, Titus Koen, highlighted the quality of the calves delivered on both the Grootfontein and Outjo auctions.
“The animals are of the highest quality and we congratulate the farmers on their eminent products.”
Koen further encouraged producers to contact Agra Auctioneering Services and participate in the weaner competition to yield full advantage of the current favourable market prices.
This is the 6th year that Agra is hosting the National Weaner Competition. The main sponsors are Bank Windhoek, Sanlam, Santam and Feedmaster. The total sponsorship for this year amounted to more than N$400 000, which will be used for various category winners at the auctions and the awarding of the national champion.
Agra, in collaboration with Feedmaster, also presented a first for this year's weaner competition, which is for every weaner sold, the producer will receive a N$10 voucher that can be redeemed when purchasing a 50 kg bag of Feemdaster feed or lick at any of the Agra branches countrywide.
STAFF REPORTER
Comments
Namibian Sun
No comments have been left on this article