Prime lamb prices make a national record of $297.60 at Wagga

A PEN of lambs has made a new national record at Wagga this morning after reaching a high of $297.60.

The lambs were sold through Landmark Wagga on account of several different vendors. The new high beats the previous record of $292 set at Tamworth.

Landmark auctioneer and livestock agent Jarrod Slattery said it was certainly a good time to be in the industry.

“Demand was very hot today for lambs weighing more than 30-kilograms (dressed),” he said.

“We saw another market lift.” In an unprecedented move a whole pen of lambs offered through Landmark made more than $280. That was something which hadn’t occurred at Wagga, or perhaps any market before.

“It is a credit to people (vendors) because they have put a lot of grain into these lambs and it’s a great effort in the dry conditions,” he said.

In another stand-out sale the Goldsworthy family of “Courallie”, at Junee sold 36-kilogram dressed lambs for a high of $294 through Elders.

Lauren Goldsworthy said it was an exceptional price for the pen of 125. “They were finished on a lucerne pasture,” Miss Goldsworthy said. 

Jake Smith of Elders Gundagai said there was a shortage of those heavy lambs coming through the market.

“Given the season the abattoirs and processors are having to pay full tote odds to secure the right article,” he said.

Vendors showed confidence in the market conditions and despite plenty of talk of a numbers shortage a big yarding of 42,420 sheep and lambs were sold at the Wagga Livestock Marketing Centre.