Thursday daily sheep summary

07 April 2016

Lamb throughput at CTLX increased 7% week-on-week, to 12,250 head. Quality across the yarding was notably mixed, with a fair selection of trade, heavy weight and store lines.

Mutton numbers increased 15%, to 5,400 head. Quality remained fair this week, with plainer categories in particularly good supply.

  • Light weight 2 score old lambs to restockers averaged 566¢, back 14¢/kg cwt
  • Trade weight  3 score old lambs to restockers were up 38¢, at 549¢/kg cwt
  • Medium weight 3 score Merino ewes averaged 295¢, up 26¢/kg cwt

Numbers at Hamilton decreased 14%, to 9,765 head. Most of the regular buyers were present, although not all were fully operational, in what was a mixed quality yarding. Demand eased on week-ago levels, with medium and heavy weight lines lacking cover, resulting in a cheaper trend.

Mutton consignments increased 84%, to 6,940 head. Prices varied across all categories, with lighter weights easing and medium weight lines much firmer.

  • Light weight 2 score old lambs to slaughter eased 8¢, averaging 544¢/kg cwt
  • Trade weight 3 score old lambs to slaughter were 23¢ lower, at  523¢/kg cwt
  • Medium weight 2 score Merino ewes averaged 314¢, back 11¢/kg cwt

At the close of Wednesday’s markets:                               

  • The eastern states restocker lamb indicator finished at 538¢, back 5¢/kg cwt on where it finished yesterday.
  • Merino lambs were back 1¢, to 467¢/kg cwt
  • Light lambs were steady, at 504¢/kg cwt
  • Trade lambs were steady, at 518¢/kg cwt
  • Heavy lambs were back 1¢, to 509¢/kg cwt
  • The mutton indicator was up 1¢, to 310¢/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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