Tuesday daily sheep summary

05 April 2016

Lamb throughput at Dubbo increased 34% this week, to 27,350 head. Heavy weight lines were in top condition and well supplied, along with a fair selection of trade and lighter weight Merino lines.

Mutton consignments increased 24%, to 14,000 head. Most grades were well represented, with a mixed quality yarding seen overall.

  • Light weight 2 score old Merino lambs averaged 480¢, back 87¢/kg cwt
  • Trade weight 4 score old lambs were 25¢ lower, averaging 485¢/kg cwt
  • Heavy weight 4 score old lambs to slaughter were back 7¢, to 516¢/kg cwt
  • Medium weight 3 score Merino ewes averaged 313¢, up 11¢/kg cwt

Lamb numbers at Bendigo decreased 22%, to 16,715 head. Quality was good, with trade and heavy weight lines suited to processors well supplied. The regular field of buyers were present, however operated much more selectively.

Mutton yardings decreased 16% this week, to 4,860 head. Conditions were much dearer across all categories, with heavy crossbred ewes well supplied.

  • Trade weight 3 score first cross lambs were back 34¢, to 487¢/kg cwt
  • Heavy weight 3 score first cross lambs were up 10¢, to 492¢/kg cwt
  • Extra heavy weight 3 score first cross lambs eased 38¢, to 480¢/kg cwt
  • Medium weight 2 score Merino ewes averaged 324¢, up 7¢/kg cwt

At the close of Monday’s markets:                                      

  • The eastern states restocker lamb indicator finished at 545¢, back 1¢/kg cwt on where it finished yesterday.
  • Merino lambs were back 4¢, on 467¢/kg cwt
  • Light lambs were back 6¢, on 507¢/kg cwt
  • Trade lambs were back 3¢, on 520¢/kg cwt
  • Heavy lambs were back 4¢, on 513¢/kg cwt
  • The mutton indicator was up 1¢, to 303¢/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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