SELX market report | May 16 2018

RESULTS: Peter Curtis, Binalong topped the cross bred ewe market at SELX with this pen which sold to a top of $170.
RESULTS: Peter Curtis, Binalong topped the cross bred ewe market at SELX with this pen which sold to a top of $170.

VENDORS sold 17,450 sheep and lambs at the South Eastern Livestock Exchange on Wednesday. 

According to Meat and Livestock Australia’s National Livestock Reporting Service lamb numbers improved and the quality was mixed.

Several good pens of trade and heavy lambs were penned but the majority of the lambs were lighter weights most suited to restockers and feeders. There was a larger run of Merino lambs offered in a dearer market.

Restocking lambs lifted $6 and sold from $90 to trade weigh lambs at $133/head. Medium and heavy trade lambs to 23kg were $3 to $4 dearer on a plainer run and ranged between $124 and $150/head averaging 630c/kg cwt for the better end. The heavy lambs sold $5 to $6 dearer and made from $149 to extra heavy lambs at $186/head. Carcase prices ranged from 560c to 640c/kg cwt. Hoggets reached $164/head. Merino lambs sold to $90/head for lambs up to 16kg.

Mutton numbers increased and the quality was good. There was a good draft of medium and heavy sheep along with some plainer ewes. Prices lifted $3 to $8 on the 3 and 4 scores while plainer sheep eased $7 to $10/head. Heavy crossbred ewes have reached $170/head. Wethers reached $166/head. The better covered lines were averaging 460c to 485c/kg cwt.

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