Thursday daily sheep summary
01 September 2016
Lamb supply at CLTX declined 23% this week, to 3,700 head. Cold and wet conditions saw a mixed yarding of lambs penned, with the odd well finished draft seen amongst a fair percentage of plainer types.
Mutton numbers declined 32%, to 750 head. It was a better quality yarding this week, with most grades trending firm to marginally dearer overall.
- Trade weight 3 score new season lambs eased 55¢, to 599¢/kg cwt
- Light weight 2 score old lambs averaged 473¢, back 42¢/kg cwt
- Trade weight 3 score old lambs were back 9¢, to 497¢/kg cwt
- Heavy weight 4 score first-cross ewes gained 18¢, averaging 357¢/kg cwt
At Hamilton, lamb consignments declined 46% to 822 head. Quality was mixed, with old lambs presently in mostly average to plain condition overall. A limited field of buyers attended, however not all fully operated, with prices trending firm to slightly dearer as a result.
Mutton throughput decreased 69%, to 2,044 head. Merino ewes and weathers made up the majority of the yarding, with all weights and grades on offer.
- Light weight 2 score old lambs sold averaged 494¢, up 15¢/kg cwt
- Trade weight 3 score old lambs to processors were up 10¢, to 542¢/kg cwt
- Medium weight 2 score first-cross ewes averaged 335¢, back 48¢/kg cwt
- Medium weight 2 score restocker Merino wethers averaged 420¢/kg cwt
At the close of Wednesday’s markets:
- The eastern states restocker lamb indicator gained 12¢, to 628¢/kg cwt
- Merino lambs were up 5¢, on 534¢/kg cwt
- Light lambs were up 4¢, to 550¢/kg cwt
- Trade lambs were up 1¢, on 585¢/kg cwt
- Heavy lambs were back 1¢, on 588¢/kg cwt
- The mutton indicator held firm on 412¢/kg cwt
Note: All yardings and prices referenced are from MLA reported saleyards.
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