Friday daily sheep summary

10 March 2017

This week at Wagga, lamb supplies decreased 10%, to 26,000 head. Quality improved across trade categories in particular, with a reasonable yarding of heavy lambs on offer and buyers operating strongly for extra heavy lots. Processors bid keenly on well-bred store types, while the usual export buyers were also in attendance.

Mutton numbers  declined 33%, to 6,000 head. A mixed quality offering of sheep were yarded this week, with the usual buyers present and trade types selling mostly dearer.

  • Light weight 2 score Old lambs to restockers averaged 35¢ dearer, at 753¢/kg cwt
  • Trade weight 3 score Old lambs to processors gained 18¢, to 649¢/kg cwt
  • Heavy weight 3 score Old lambs to slaughter averaged 640¢, up 10¢/kg cwt
  • Extra heavy weight 4 score Old lambs were up 15¢, averaging 630¢/kg cwt
  • Medium weight 2 score Merino ewes averaged 22¢ dearer, at 408¢/kg cwt

At the close of Thursday’s markets:

  • The eastern states restocker lamb indicator averaged 642¢, increasing 8¢/kg cwt from the previous day.
  • Merino lambs averaged 562¢, up 6¢/kg cwt
  • Light lambs averaged 605¢, up 7¢/kg cwt
  • Trade lambs averaged 611¢, up 4¢/kg cwt
  • Heavy lambs gained 3¢, to 613¢/kg cwt
  • The mutton indicator settled 6¢ cheaper, to 402¢/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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