Friday daily sheep summary

23 October 2015

Lamb consignments at Wagga fell 7% week-on-week, to 25,000 head, with new season lambs making up the majority of the yarding. There were a reasonable number of new season trade weight lambs on offer, while heavy and extra heavy weight lambs were in shorter supply. Increased numbers of well-bred store lambs were penned, and attracted keen restocker interest. The usual buyers were in attendance, although not all of the major domestic buyers operated.

Sheep throughput was steady week-on-week, at 10,000 head. Light weight sheep were in demand, while heavy crossbred ewes were well-supplied and sold to a dearer trend.

  • New season light weight 3 score lambs to restockers lifted 31¢ on 528¢/kg cwt
  • New season trade weight 3 score lambs were up 22¢ on 527¢/kg cwt
  • New season heavy weight 3 score lambs increased 15¢ on 516¢/kg cwt
  • New season extra heavy weight 4 score lambs jumped 18¢ and averaged 504¢/kg cwt
  • Medium weight 2 score Merino ewes gained 16¢ on 309¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator lifted 2¢ on 553¢/kg cwt
  • Merino lambs jumped 12¢ on 445¢
  • Light lambs were up 3¢ on 474¢/kg cwt
  • Trade lambs increased 7¢ on 506¢/kg cwt
  • Heavy lambs edged 1¢ higher on 490¢/kg cwt
  • The mutton indicator was 3¢ dearer on 302¢/kg cwt

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

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