Wednesday daily sheep summary
27 July 2016
Lamb throughput at Forbes decreased 24% this week, to 24,700 head. Quality slipped across most categories, with a larger percentage of plainer lambs penned, along with a few well finished lots. Heavy and extra heavy weights made up the majority, with the usual buyers competing in a firm to slightly dearer market.
Mutton numbers declined 39%, to 4,150 head. Quality was very mixed, with conditions holding firm throughout most weights and grades.
- Light weight 3 score Merino lambs averaged 608¢, back 4¢/kg cwt
- Trade weight 4 score lambs to processors were up 5¢, to 637¢/kg cwt
- Heavy weight 4 score lambs averaged 3¢ lower, at 628¢/kg cwt
- Medium weight 3 score Merino ewes were up 22¢, to 403¢/kg cwt
At Ballarat, lamb consignments declined 25%, to 7,237 head. The usual buying group operated in what was a mixed quality offering week-on-week, with most categories trending dearer overall.
Mutton throughput increased significantly this week, to 3,896 head. All weights and grades were represented, with shorn Merinos well represented.
- Light weight 2 score lambs to processors averaged 553¢, up 16¢/kg cwt
- Trade weight 4 score lambs to processors were up 15¢, at 674¢/kg cwt
- Light weight 2 score Merino ewes eased 7¢, averaging 366¢/kg cwt
At the close of Tuesday’s markets:
- The eastern states restocker lamb indicator averaged 548¢, up 21¢/kg cwt from where it finished the previous day
- Merino lambs were back 3¢, on 558¢/kg cwt
- Light lambs were up 9¢, to 555¢/kg cwt
- Trade lambs were up 9¢, on 621¢/kg cwt
- Heavy lambs were up 3¢, to 631¢/kg cwt
- The mutton indicator gained 2¢, on 384¢/kg cwt
Note: All yardings and prices referenced are from MLA reported saleyards.
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