Tuesday daily sheep summary

13 October 2015

Dubbo lamb consignments lifted 22% on fortnight-ago levels, to 30,756 head, with no sale the previous week boosting numbers. Quality across the yarding was fair to good, although some new season lambs were dry in the skin and carrying some burr. Trade weights and heavy lambs were well supplied, while store lambs were limited. Regular buyers were in attendance.

Sheep numbers increased 20% on the previous fortnight, to 9,561 head.

  • New season light weight 2 score restocker lambs decreased 44¢, averaging 487¢/kg cwt
  • New season trade weight 3 score lambs dropped 67¢, averaging 471¢/kg cwt
  • Old season trade weight score 3 Merino lambs slipped 125¢, averaging 397¢/kg cwt
  • Medium 3 score Merino ewes fell 19¢, averaging 311¢/kg cwt

Lamb numbers at Bendigo dropped 12% week-on-week, to 24,364 head. The majority of the new season lambs showed dryness and were in store condition. Demand for heavy new season lambs was subdued, and the regular buyers in attendance did not operate at their usual capacity.

Sheep consignments increased 13% to 10,343 head, and sold to weaker demand, with heavy weight categories most affected

  • New season light weight score 2 restocker lambs were back 11¢, averaging 469¢/kg cwt
  • New season trade weight score 3 first cross lambs fell 26¢, averaging 470¢/kg cwt
  • New season heavy weight 3 score lambs were 38¢ lower, on 461¢/kg cwt
  • Medium 2 score Merino ewes decreased 58¢, averaging 263¢/kg cwt

At the close of Monday’s markets:

  • The eastern states restocker lamb indicator dropped 9¢ on 513¢/kg cwt
  • Merino lambs decreased 19¢ on 413¢/kg cwt
  • Light lambs improved 13¢ on 449¢/kg cwt
  • Trade lambs were 5¢ lower on 485¢/kg cwt
  • Heavy lambs slipped 1¢ on 480¢/kg cwt
  • The mutton indicator was 5¢ lower on 287¢/kg cwt

Note: All yardings and prices referenced are from MLA reported saleyards

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