Thursday daily sheep summary

07 July 2016

Lamb numbers at CTLX decreased 45% this week, to 7,000 head. Wet conditions saw numbers decline, with trade weights making up the bulk of the yarding, along with a handful of heavy weights.

Mutton throughput decreased 9%, to 2,500 head. Most grades were represented in what was a mixed quality yarding overall.

  • Light weight 2 score lambs to processors averaged 539¢, back 53¢/kg cwt
  • Trade weight 3 score lambs to slaughter were back 70¢, at 601¢/kg cwt
  • Heavy weight 4 score lambs to processors finished 21¢ lower, at 645¢/kg cwt
  • Medium weight 4 score Merino wethers averaged 464¢/kg cwt

Lamb consignments at Horsham decreased 67%, to 2,577 head. Most of the usual buying group operated, with conditions varying across all categories. Lambs sold firm to marginally cheaper week-on-week, with trade weights well supplied.

Sheep numbers declined 40%, to 851 head. Heavy merino ewes in full wool were well represented, with most lines selling to steady competition.

  • Light weight 2 score Merino lambs slipped 84¢, averaging 477¢/kg cwt
  • Trade weight 3 score lambs to processors were 1¢ lower, on 585¢/kg cwt
  • Heavy weight 4 score lambs to slaughter eased 14¢, averaging 653¢/kg cwt
  • Light weight 2 score Merino ewes slipped 4¢, averaging 428¢/kg cwt  

At the close of Wednesday’s markets:

  • The eastern states restocker lamb indicator averaged 581¢, back 3¢/kg cwt from where it finished the previous day
  • Merino lambs were back 1¢, on 587¢/kg cwt
  • Light lambs were back 7¢, to 586¢/kg cwt
  • Trade lambs were back 10¢, to 621¢/kg cwt
  • Heavy lambs were back 3¢, to 639¢/kg cwt
  • The mutton indicator declined 12¢, on 380¢/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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