Light lamb prices ease $4

TAKING THE BIDS: Action from the Wagga Livestock Marketing Centre.
TAKING THE BIDS: Action from the Wagga Livestock Marketing Centre.

VENDORS sold 50,000 sheep and lambs at the Wagga sale on Thursday.

According to Meat and Livestock Australia's National Livestock Reporting Service trade lambs throughout, experienced mixed price trends due to the lack of demand from major domestic buyers and southern processors.

The best of the heavy trade lambs, 22-24kg, were unchanged to average 733c/kg cwt.

Light weight lambs to the processors eased $4, making from $90 to $130/head.

New season light weight lambs back to the paddock made from $80 to $124/head.

Young lambs with weight and frame were keenly sought by stock agents and feedlots making from $138 to $166/head.

The lack of weight contributed to a dearer trend of $8 for heavy lambs to average $177.20/head.

Extra heavy lambs sold to stronger competition, with buyers keen to acquire a market share.

Prices were $16/head dearer to average 744c/kg cwt.

It was a mixed quality yarding of mutton.

Competition from buyers strengthened for heavy ewes.

Heavy crossbred ewes sold up to $220/head to average 586c/kg cwt.

Heavy Merino ewes made from $159 to $202/head averaging from 588c to 600c/kg cwt.

Heavy wethers sold at $182 to $210/head averaging 623c/kg cwt.

Trade and light sheep made from $106 to $165/head, with trade mutton averaging 601c/kg cwt.

  • www.therural.com.au