Friday daily sheep summary

02 October 2015


Lamb consignments at Wagga lifted 50% week-on-week, to 30,000 head, with an outstanding offering of new season lambs making up a large portion of the yarding. There was a full panel of domestic and export buyers operating, and increased restocker enquiry.

Sheep numbers doubled, to 10,000 head, and most grades sold to a cheaper trend.

  • New season light weight 3 score lambs to restockers declined 43¢ and averaged 525¢/kg cwt
  • New season trade weight 3 score lambs were back 68¢ on 499¢/kg cwt
  • New season heavy weight 3 score lambs slipped 66¢ on 481¢/kg cwt
  • New season extra heavy 4 score lambs were 38¢ lower on 482¢/kg cwt
  • Old season trade weight 3 score lambs fell 105¢ on 403¢/kg cwt
  • Old season heavy weight 3 score lambs decreased 82¢ and averaged 414¢/kg cwt
  • Heavy weight 3 score Merino ewes slipped 56¢ and averaged 276¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator declined 1¢ on 565¢/kg cwt
  • Merino lambs were up 3¢ on 472¢/kg cwt
  • Light lambs slipped 3¢ on 505¢/kg cwt
  • Trade lambs fell 12¢ on 524¢/kg cwt
  • Heavy lambs were down 15¢ on 507¢/kg cwt
  • The mutton indicator finished 14¢ lower on 330¢/kg cwt

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

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