Thursday daily sheep summary
30 June 2016
Lamb throughput at CTLX increased 72% this week, to 12,750 head. Quality was varied across all categories, with a lift in well finished heavy and trade lamb supplies. The usual buying group were in attendance and operated in a mostly firm to slightly dearer market overall.
Mutton numbers increased 75%, to 2,750 head. Quality was mixed, with Merino ewes selling firm week-on-week.
- Light weight 2 score old lambs to restockers averaged 554¢/kg cwt
- Trade weight 3 score old lambs to processors gained 5¢, to 671¢/kg cwt
- Heavy weight 4 score old lambs to slaughter were firm, on 666¢/kg cwt
- Medium weight 3 score old Merino lambs jumped 4¢, to 424¢/kg cwt
Lamb consignments at Hamilton increased 5%, to 6,227 head. Quality was good to average, with lambs showing less cover than previous weeks. A few drafts of very good trade weight lambs were penned, with one less domestic and export buyer present, and most buyers more selective in the market.
Mutton numbers declined 39%, to 3,402 head. Quality was mixed, with Merino wethers and crossbred ewes presenting in good condition.
- Light weight 2 score old lambs to slaughter averaged 621¢, back 6¢/kg cwt
- Trade weight 3 score old lambs to processors were back 21¢, at 640¢/kg cwt
- Heavy weight 4 score old lambs to slaughter averaged 653¢, up 29¢/kg cwt
- Heavy weight 3 score first-cross ewes gained 1¢, averaging 377¢/kg cwt
At the close of Wednesday’s markets:
- The eastern states restocker lamb indicator averaged 600¢, back 17¢/kg cwt from where it finished the previous day
- Merino lambs were up 4¢, on 594¢/kg cwt
- Light lambs were back 2¢, on 608¢/kg cwt
- Trade lambs were up 2¢, on 649¢/kg cwt
- Heavy lambs held firm, on 660¢/kg cwt
- The mutton indicator gained 3¢, on 416¢/kg cwt
Note: All yardings and prices referenced are from MLA reported saleyards.
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