Wednesday daily sheep summary

06 April 2016

Consignments at Forbes increased 2%, to 31,235 head. Quality was similar across most categories week-on-week, with finished and plainer lines in good supply. The usual buyers were present and competed strongly in a firm to easier market overall.

Mutton numbers increased 16%, to 7,247 head. Quality was fair, with a good selection of medium and heavy weight lines.

  • Trade weight 4 score old lambs averaged 529¢, up 5¢/kg cwt
  • Heavy weight 4 score old lambs to processors lowered 4¢, to 518¢/kg cwt
  • Extra heavy weight 4 score old lambs averaged 510¢, up 1¢/kg cwt
  • Medium weight 3 score Merino ewes averaged 334¢, up 37¢/kg cwt

Lamb numbers at Ballarat increased 20% this week, to 25,011 head. Quality was good, with all weights and grades on offer. A cheaper trend underlined the sale, with lines to suit restocker, feeder and processing orders all well supplied.

Mutton throughput increased 52%, to 9,356 head. Quality was mixed, with all categories well represented and Merino ewes in good supply.

  • Light weight 2 score old lambs to restockers jumped 16¢, to 539¢/kg cwt
  • Trade weight 3 score old lambs to processors eased 31¢, to 549¢/kg cwt
  • Extra heavy weight 4 score old lambs averaged 517¢, back 23¢/kg cwt
  • Heavy weight 3 score first-cross ewes were back 4¢, to 278¢/kg cwt

At the close of Tuesday’s markets:                                     

  • The eastern states restocker lamb indicator finished at 543¢, back 2¢/kg cwt on where it finished yesterday.
  • Merino lambs were up 1¢, to 468¢/kg cwt
  • Light lambs were back 3¢, to 504¢/kg cwt
  • Trade lambs were back 2¢, at 518¢/kg cwt
  • Heavy lambs were back 3¢, to 510¢/kg cwt
  • The mutton indicator was up 6¢, to 309¢/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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