Friday daily sheep summary

29 January 2016

Lamb consignments at Wagga declined 23%, to 23,000 head, due to considerable rain across the supply area. Heavy and extra heavy lambs were well-supplied and attracted keen competition. There were a reduced number of trade weights on offer, although quality was outstanding. Light weight lambs suitable for restocker and feeder buyers were limited.

Sheep throughput fell 13%, to 8,700 head, and bidding across most grades was strong, with prices trending dearer across the yarding.

  • Light weight 2 score lambs averaged 547¢/kg cwt
  • Trade weight 3 score lambs lifted 29¢ on 600¢/kg cwt
  • Heavy weight 3 score lambs jumped 17¢ on 577¢/kg cwt
  • Extra heavy weight 4 score lambs were 37¢ dearer on 576¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator increased 22¢ on 556¢/kg cwt
  • Merino lambs lifted 9¢ on 467¢/kg cwt
  • Light lambs were up 7¢ on 507¢/kg cwt
  • Trade lambs rose 14¢ on 549¢/kg cwt
  • Heavy lambs were 9¢ higher on 554¢/kg cwt
  • The mutton indicator increased 13¢ on 290¢/kg cwt

For the full list of sheep market reports, please click here                                                 

Note: All yardings and prices referenced are from MLA reported saleyards.

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