Sheep sale in New Zealand postponed due to farmers holding stock amid abundant grass growth.

The weekly sheep sale at Matawhero Saleyards in New Zealand was postponed last Friday due to low stock numbers, as local farmers are holding back sheep due to abundant grass growth from recent rain. A PGG Wrightson agent noted farmers are waiting to see market trends before selling. The next sheep sale is planned for next Friday, followed by a cattle fair on February 4.

2 months ago
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