UNEXPECTED SETBACK

Hawke's Bay Herald-Tribune, Volume 81, Issue 20, 16 October 1937, Page 2

UNEXPECTED SETBACK

Our Own Coireapondent.)

Stock Prices at Feilding

(From

PALMERSTON N., This Day. ' With certaiii excoptions, values at the Feilding live stock eale yesterday suffered an unexpected setbaok, attributed to the cold weather conditions, which have seriously checked pasture growth. On every hand there is evidence of a ,shdrtage of the. typo . of growth expeeted at this season of the year. Pastures suffered a check , i'rom the cold change and • the cold easterly wind and this influenced buying operations yCsterday. Fat cattle .experienced a decided drop amounting to as much as £2 a head for prime' station-brCd CUttle. The stock was in great condition generally ,and the markct was very disappointihg to vendors. In the store cattle section the markofc was described as being stagnant, little business being done under the hammer. In the fat skeep section ewe mutton, of which there was a large offering, slumped cousiderably and the passings wcre considerable. Hogget mutton of good quality sold readily at firni rates. Operations in the store sheep section were rather restricted on account of the unseasonable weather ConditiOns. Some good saies of nice hoggets wexe made under the hammer. Dairy cattle came forward in large numbers and the business was fairly brisk. Well over 1000 head of fat sheep were yarded, the quality being well ahead of late offerings and included many pens carrying heavy fleeces. The offering of closo on 400 head of hoggets met with a steady sale at firm values, prime heavy-wooled lots selling to 38s ld. Ewe mutton, which made up the bulk of the offering, slumped badly and saies were most dilficult. Wether mutton was in short supply and prime lots showfed no variation on late rates.