Wagga sheep and lamb market | February 15 2018

MARKET MATTERS: Livestock agents, vendors and buyers are pictured at the rail during the Wagga sheep and lamb sale.
MARKET MATTERS: Livestock agents, vendors and buyers are pictured at the rail during the Wagga sheep and lamb sale.

A TOTAL of 28,000 sheep and lambs went under the hammer at the Wagga sheep and lamb sale on Thursday. 

According to Meat and Livestock Australia’s National Livestock Reporting Service longer wool lambs sold to weaker price trends as producers offload average types across trade and light weight classes.

Shorn trade lambs sold to weaker demand with major processors only making purchases on select well shaped pens.

All trade and export buyers were present and operating in a dearer market.

New season trade lambs were once again in limited supply. Medium and heavy trade lambs made from $138 to $164/head, averaging 624c/kg cwt.

Well shaped shorn trade lambs were keenly sought with all buyers eager to secure supplies.

Shorn medium and heavy trade lambs sold from $131 to $165/head, averaging 626c/kg cwt.

Heavy and extra heavy shorn lambs made up the bulk of the offering, and prices were stronger.

Heavy shorn lambs sold from $164 to $178/head.

Extra heavy shorn lambs made from $165 to $228/head, to average 626c/kg cwt.

There was a few more restockers operating and lambs with breeding and frame sold to erratic competition, making from $105 to $131/head.

It was a mixed quality offering of mutton with all weights and grades represented.

Most buyers were operating and demand was significantly stronger.

Heavy mutton made from $92 to $155/head.

Trade sheep prices again fluctuated depending on the level of southern competition.

Trade sheep sold from $72 to $121/head, averaging 358c/kg cwt. Light sheep made from $32 to $72/head.

MLA and AWI survey:

Three times a year, MLA and AWI run a joint survey to collect sheepmeat industry livestock numbers and lamb production expectations. 

Production and producer intentions are regularly monitored to generate better forward looking information that allow producers to make the most efficient decisions.

Visit www.mla.com.au to participate. 

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