VENDORS sold 31,400 sheep and lambs at the Wagga market on Thursday.
According to Meat and Livestock Australia's National Livestock Reporting Service numbers declined, while quality remained excellent across trade and heavy lamb classes.
Light-weight lambs were quite mixed with some plainer pens throughout the yarding.
The market prices were unsustainable with some export and domestic processors operating on a shorter working week and concerned about an oversupply at abattoirs, while the COVID-19 pandemic is ongoing.
The usual buying contingent were at the rail and all were buying in a cheaper market.
Trade buyers were very selective which resulted in cheaper price trends of $20 to $25/head. Trade lambs, 22 to 24kg, made from $180 to $203/head to average 780c to 830c/kg cwt.
Light lambs to the processors sold from 700c to 730c/kg cwt. Restocking competition was minimal causing prices to drop $20/head. Heavy export lambs sold to a cautious group of buyers.
Prices were $10 to $12/head cheaper. Heavy lambs made from $186 to $210/head. Extra heavy lambs sold from $200 to $286.20/head, averaging 787c/kg cwt.
The mutton market sold to weaker price trends of $10 to $15/head. Heavy sheep made from $200 to $230 with a single isolated sale of crossbred ewes recording a top price of $285.20/head.
Trade sheep ranged in price from $160 to $185/head, averaging from 660c to 680c/kg cwt.