Friday daily sheep summary

09 October 2015

Wagga lamb numbers decreased 11% week-on-week, to 26,800 head, with increased numbers showing signs of dryness. Quality of new season lambs dropped from the standard of previous markets, with a large percentage of the yarding showing seed contamination. New season trade lambs were well supplied and competition was steady across all trade categories. Regular NSW buyers were in attendance, with limited southern processors operating.

Sheep consignments dropped 20% to 8,000 head, and light weight lines were in shorter supply.

  • New season light weight 3 score lambs dropped 20¢, averaging 505¢/kg cwt
  • New season trade weight 3 score lambs  gained 1¢, to average 500¢/kg cwt
  • New season heavy weight 3 score lambs increased 8¢, averaging 489¢kg cwt
  • New season extra heavy 4 score lambs lifted 8¢, to average 487¢/kg cwt
  • Heavy 4 score Merino ewes slipped 27¢, averaging 249¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator gained 1¢ on 528¢/kg cwt
  • Merino lambs increased 10¢ on 446¢/kg cwt
  • Light lambs improved 3¢ on 465¢/kg cwt
  • Trade lambs were 2¢ higher on 495¢/kg cwt
  • Heavy lambs were up 6¢ on 488¢/kg cwt
  • The mutton indicator was 2¢ lower on 295¢/kg cwt

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

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