Tuesday daily sheep summary
11 October 2016
Lamb numbers at Bendigo jumped 65%, to 27,854 head. Quality ranged from average to very good, with new season lambs showing more weight, although the market trended lower overall with the increased supplies.
Sheep consignments almost tripled, at 6,327 head, with Merinos and crossbreds presenting mostly in good condition.
- New season light weight 2 score restocker lambs fell 46¢, to average 580¢/kg cwt
- New season trade weight 2 score lambs eased 3¢ on 569¢/kg cwt
- New season heavy weight 3 score lambs were 9¢ lower on 567¢/kg cwt
- New season extra heavy weight 4 score lambs decreased 30¢ on 556¢/kg cwt
- Medium weight 2 score Merino ewes lost 32¢ and averaged 426¢/kg cwt
Lamb yardings at Dubbo increased 26% from the previous sale a fortnight ago, to 43,200 head. Overall quality was fair to good, with a good offering of trade and heavy weight lambs, along with a large proportion of Merinos. Not all of the usual buyers operated in the cheaper market.
Sheep throughput declined 9%, to 7,600 head, and it was a mostly good quality selection.
- New season trade weight 3 score lambs dropped 50¢ on 557¢/kg cwt
- New season heavy weight 3 score lambs were back 67¢ on 556¢/kg cwt
- Old season trade weight 3 score Merino lambs lifted 2¢ on 503¢/kg cwt
- Old season heavy weight 4 score lambs eased 8¢ on 557¢/kg cwt
- Heavy weight 4 score Merino ewes averaged 30¢ dearer, on 407¢/kg cwt
At the close of Monday’s markets:
- The eastern states restocker lamb indicator averaged 613¢/kg cwt
- Merino lambs were on 527¢/kg cwt
- Light lambs averaged 596¢/kg cwt
- Trade lambs settled on 590¢/kg cwt
- Heavy lambs were on 581¢/kg cwt
- The mutton indicator averaged 422¢/kg cwt
Note: All yardings and prices referenced are from MLA reported saleyards.
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