Tuesday daily sheep summary

15 September 2015

Yardings lifted at Dubbo, to 46,700 sheep and lambs. There was a good selection of young lambs and Merinos.

  • Trade weight 3 score young lambs to slaughter were 64¢ cheaper on 522¢, while heavier trade weights slipped 69¢ to average 532¢/kg cwt
  • Light weight 2 score old Merino lambs decreased 78¢ to 440¢/kg cwt
  • Trade weight 3 score old Merino lambs were 81¢ cheaper on 465¢/kg cwt
  • Heavy weight 4 score old lambs to slaughter decreased 57¢ to 509¢/kg cwt
  • Medium weight 3 score Merino ewes eased 49¢ to average 351¢/kg cwt
  • Medium weight 3 score Merino wethers slipped 21¢ to settle on 342¢/kg cwt

Lamb numbers increased at Bendigo, to 17,233 head, while mutton numbers also lifted, to 13,098 head. Young lambs dominated the yarding, however quality was plain which resulted in buyers being selective.

  • Light weight 2 score young lambs to restockers were 19¢ dearer on 607¢/kg cwt
  • Trade weight 3 score first cross young lambs averaged 539¢, while those to slaughter were 52¢ lower on 536¢/kg cwt
  • Heavy weight 3 score young lambs to slaughter settled on 534¢, back 43¢/kg cwt
  • Medium weight 2 score Merino ewes decreased 35¢ to 365¢/kg cwt
  • Medium weight 2 score restocker Merino wethers eased 29¢ to 372¢/kg cwt

At the conclusion of Monday’s markets:

  • The eastern states restocker lamb indicator was 9¢ higher on 595¢/kg cwt
  • Merino lambs slipped 39¢ to 478¢, while light lambs were 26¢ lower on 518¢/kg cwt
  • The Eastern States Trade Lamb Indicator (ESTLI) decreased 18¢ to 555¢/kg cwt
  • The heavy lamb indicator eased 16¢ to 554¢/kg cwt
  • The mutton indicator lost 7¢ to 374¢/kg cwt

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

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