Tuesday daily sheep summary

07 March 2017

Lamb consignments at Dubbo declined 32% to 16,600 head. A mixed yarding was supplied this week, with a plainer, mixed quality offering yarded. Trade and heavy weights were in reasonable supply, with a large percentage of lighter drafts penned.

Mutton numbers increased 16%, to 12,590 head. Some very good lines were on offer this week, with a large number of plainer sheep also on offer in what was a mixed yarding.

  • Light weight 2 score Old lambs to restockers were back 14¢, to 588¢/kg cwt
  • Trade weight 3 score Old lambs to processors eased 3¢, to 587¢/kg cwt
  • Heavy weight 4 score Old lambs gained 13¢, averaging 615¢/kg cwt
  • Extra heavy weight 4 score Old lambs reached 656¢, averaging 629¢/kg cwt

This week at Bendigo, lamb numbers increased 32% to 17,282 head. Quality was mixed, with well finished trade weights in particularly short supply. The usual buyers operated, with some processor activity improving week-on-week as the market progressed to fluctuate throughout the sale.

Sheep throughput declined 16%, to 3,263 head. Smaller lots of Merino and crossbred ewes were on offer this week, with prices holding mostly firm to dearer in places.

  • Trade weight 3 score Old first-cross lambs lifted 17¢, to 631¢/kg cwt
  • Heavy weight 3 score Old first-cross lambs gained 19¢, to 625¢/kg cwt
  • Extra heavy weight 4 score Old first-cross lambs were up 3¢, to 637¢/kg cwt
  • Medium weight 2 score Merino ewes finished 15¢ dearer, at 447¢/kg cwt  

At the close of Monday’s markets:

  • The eastern states restocker lamb indicator averaged 671¢, lifting 9¢/kg cwt from the previous day.
  • Merino lambs averaged 557¢, back 2¢/kg cwt
  • Light lambs averaged 599¢, back 1¢/kg cwt
  • Trade lambs averaged 612¢, up 1¢/kg cwt
  • Heavy lambs gained 2¢, averaging 611¢/kg cwt
  • The mutton indicator settled 3¢ cheaper, at 418¢/kg cwt

For the full list of sheep market reports, please click here. 

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

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