Tuesday daily sheep summary
05 July 2016
Lamb numbers at Dubbo increased 37% this week, to 31,500 head. Quality throughout the yarding was good, with heavy weight lambs well supplied, along with a reasonable selection of trade weight types.
Mutton throughput increased 36%, to 7,500 head. Most grades were represented, with the market trending cheaper week-on-week.
- Light weight 2 score lambs to restockers averaged 530¢, back 58¢/kg cwt
- Heavy weight 4 score lambs to processors averaged 628¢, back 34¢/kg cwt
- Extra heavy weight 4 score lambs were up 4¢, averaging 651¢/kg cwt
- Heavy weight 4 score Merino ewes averaged 63¢ lower, at 382¢/kg cwt
Lamb consignments at Bendigo decreased 18%, to 12,019 head. Quality was notably mixed, with the market fluctuating as the sale progressed. Trade weight types to processors held firm to cheaper in places, with light weight lambs following a similar trend.
Mutton numbers declined 51%, to 1,962 head. Supply reduced significantly this week, with quality mostly average and conditions finishing firm to cheaper in sections.
- Light weight 2 score first-cross lambs slipped 59¢, averaging 572¢/kg cwt
- Trade weight 3 score lambs to processors were back 7¢, on 649¢/kg cwt
- Heavy weight 3 score lambs to slaughter gained 16¢, on 661¢/kg cwt
- Extra heavy weight 4 score lambs averaged 7¢ lower, on 630¢/kg cwt
At the close of Monday’s markets:
- The eastern states restocker lamb indicator averaged 579¢, back 24¢/kg cwt from where it finished the previous day
- Merino lambs were back 10¢, on 582¢/kg cwt
- Light lambs were back 12¢, to 597¢/kg cwt
- Trade lambs were back 12¢, to 632¢/kg cwt
- Heavy lambs were back 8¢, to 648¢/kg cwt
- The mutton indicator declined 15¢, on 397¢/kg cwt
Note: All yardings and prices referenced are from MLA reported saleyards.
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