Friday daily sheep summary

28 October 2016

This week at Wagga, lamb supplies increased 13% to 27,000 head. In what was a very good quality yarding, shorn new season lambs were particularly well supplied – with fewer lighter weight categories penned. Domestic and export processors were active, however competition was sporadic throughout the sale.

Sheep throughput declined 25%, to 6,000 head. Quality was very good amongst the offering this week, with heavy mutton well supplied and prices generally cheaper overall.

  • New season trade weight 3 score lambs gained 24¢, to 570¢/kg cwt
  • New season heavy weight 4 score lambs were up 40¢, 579¢/kg cwt
  • New season extra heavy weight 4 score lambs jumped 27¢, 575¢/kg cwt
  • Old season trade weight 3 score lambs lifted 60¢, to 560¢/kg cwt
  • Heavy weight 4 score first-cross ewes were back 3¢, to 326¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator averaged 12¢ lower on 613¢/kg cwt
  • Merino lambs were up 3¢, on 508¢/kg cwt
  • Light lambs were up 3¢, to 572¢/kg cwt
  • Trade lambs were up 3¢, to 561¢/kg cwt
  • Heavy lambs lifted 7¢, to 559¢/kg cwt
  • The mutton indicator settled 5¢ cheaper, at 369¢/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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