VENDORS sold 50,000 sheep and lambs at the Wagga market on Thursday.
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According to Meat and Livestock Australia’s National Livestock Reporting Service lamb numbers increased moderately.
The market price averages continues to revolve around quality and supply, with buyers not prepared to bid strongly for young or old lambs showing dryness in the skin.
New season trade lamb quality continued to be mixed in an offering of 18,665 head. Lambs to turnout or feed on sold to easier price trends, despite a larger field of restockers.
Restocking inquiry was from Forbes, Cowra, Finley and Ballarat, which helped cement a floor in prices for the lighter weights. Old lamb quality was fair with the shorn portion attracting the greatest competition. The usual group of buyers attended however not all operated fully.
New season trade lambs sold to weaker trends, however the best of the trade lambs were unchanged. The bulk of new season trade lambs made from $152 to$217.20/head, with the heavy trade 22-24kg cwt lots averaging 836c/kg cwt.
New season heavy and extra heavy lambs sold to steady demand with not all processors making purchases.
The bulk of the heavy new season lambs sold from $210 to $258.20/head. Old trade lambs prices were erratic and prices were up to $19/head cheaper.
Heavy lambs were unchanged, while extra heavy lots gained $13, recording a top price of $310/head. Store lambs prices fluctuated and the lighter end tracked at cheaper price levels. Light lambs to turnout sold from $93 to $204, while lambs with weight and frame made from $136 to $160/head.
It was a mixed quality offering of mutton with all weights and grades represented.
The market tracked $10 to $20/head cheaper. Heavy cross bred ewes recorded a top price of $185/head, to average 484c/kg cwt. Trade sheep were well supplied, selling from $86 to $166 and averaging 506c/kg cwt. 1 score ewe mutton made from $65 to $114/head.