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Farm Tender Daily
Daily 465 - What's your assessment?
Farm Tender Daily - All the news from Wednesday, the 4th of September, 2024.
Click here to go to the Farmer Tender website.
By Dwain Duxson - An Ag Enthusiast
What's your assessment? - I had a call from a prominent Lamb finisher who was mildly peeved that the Lambs he bought through AuctionsPlus. He is a buyer of Trade Lambs and said all the lot's he has bought off AuctionsPlus (and he loves AuctionsPlus) over the years have always been lighter than stated.
He bought around 1000 Trade Lambs the other day and they averaged out at 4kg lighter than what the assessment said. He said that it would take him around 2 weeks in the feedlot to get those 4kgs back. He said in this tight margin landscape, 4kgs is a lot.
He has been in touch with AuctionsPlus to ask them about changing their assessments for Trade Lambs to ensure that every Lamb is weighed in that category. He said that in most other classes, it doesn't matter, but this one does.
I am sure his request will go down well with the Agents (not), as it will mean more work. I was only told the other day by an Agent that the assessment system is a bit of a pain in the arse, and it takes ages to do, according to him. Selling Livestock online is an inexact science, and AuctionsPlus has to be congratulated for getting it 90 per cent right; they are the only ones that have. The question is, will we ever find that 10 per cent, which might mean the difference of a profit or not for the Trader? What's your assessment? PS - This is not us (Farm Tender and the Trader) having a shot at AuctionsPlus, we think they have a wonderful system and do very well. Reply to [email protected]
The Farmers Club headlines - Our 3 topics tomorrow are:
1) There are new factors you have to consider when buying a Farm.
2) Young people are struggling to get into Ag. Check out this email.
3) Getting our priorities right.
The Farmers Club - For Ag Enthusiasts. Sign up here for free.
Hay Report - See the latest Hay Report here, hot off the keyboard this arvo.
Unreserved Auction - UNRESERVED Nhill and District Sporting Club New Ahrens 37 Tonne Field Bin Auction. See the link here.
Today's Trends - Sales trends included Oaten Hay, Prime Mover, Farm Trucks, Teff Seed, Barley, Round Balers, Headers, Slashers, Tractors, Medic Hay, Urea and a New Munro Post Driver.
End of message
Dwain Duxson
P - 0427 011 900
E - [email protected]
What was listed today.
What was sold today.
For more info see the link here - https://shorturl.at/9ovG0