Farm Tender Daily

Farm Tender Daily - All the news from Friday, the 22nd of March, 2024.

By Dwain Duxson - Click here to go to the Farmer Tender website.

Knowing your COP - Most people in the Sheep game would have heard of Roseville Park, they are a high profile Sheep stud within the Merino industry. They put up something on Linkedin the other day that triggered my curiosity. 

Check out the image at the bottom of the page to get an idea of where I am headed with this. I reckon we all should investigate cost of production (COP) more. Knowing your COP is vital. I am not great at it, but I know how much it costs us each week to turn the lights on. That's pretty general COP knowledge.

It's been a trend within the Wool industry for some time now to Shear every six months. It has many advantages, too numerous to mention. The trade also loves the shorter Wools, but I am not sure if there is a premium there over a longer staple. But with Shearing costs blowing out and a tightening Wool market, the Shear-twice-a-year model is being tested.

The Roseville Park people have weighed up their numbers and made a directional change by moving to a cost of one Shearing instead of two. By doing that the margin for their Wool enterprise should be greater. Have you changed things up when the COP has risen or, in some cases, dropped? Reply to [email protected]

The Farmers Club headlines - Our 3 topics tomorrow are:
1) We all want a thriving local Town. We associate a rising population as a success measure. But that’s not always the case
2) Do we take the humble Steel Post for granted?
3) The Daryl Duxson story.
Plus more. Join here for free or email reply “Yes”, and I will add you to the newsletter.

National Cattle prices: EYCI 572 (-4), WYCI 425 (NC), Feeder Steer 308 (+3), Heavy Steer 276 (+9), Processor Cow 206 (-2). National Sheep prices: Trade Lamb 597 (+5), Heavy Lamb 639 (+21), Restocker Lamb 534 (+26), Mutton 240 (+18). Goat prices: 180 (NC). All prices are up until Friday, the 22nd of March, and are cents/kg. Ranges are from a week ago. Source MLA.

Today's Trends - Sales trends included a New Munro Post Driver, Tractors, Press Wheels, Headers, Grain Bag Outloaders, Wheat Seed, Boomsprayers, Harrows, Oats, Woolpresses, Clover Hay, Vetch Hay, Feed Out Cart and Air Seeders.

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Dwain Duxson
P - 0427 011 900
E - [email protected] 

What was listed today.

What was sold today.