Saleyard Report – Sheep and Lamb -Wagga

Saleyard Report – Sheep and Lamb -Wagga

Detailed Saleyard Report – Sheep and Lamb
Market information provided by MLA’s National Livestock Reporting Service
Wagga, report date 29/08/2019 comparison date 22/08/2019
Yarding 45000 Lamb 30000 Sheep 15000
Change 0

Numbers increased with more tail end lambs coming forward. Agents mustered just 14,300 new season lambs almost 5,000 more than the
previous sale. The trade market struggled across old lamb categories with numbers out pacing demand. Longer wool old lambs were at a
distinct disadvantage and were ignored by some companies. Most domestic buyers attention was for new season trade lambs where the
market was relatively stable. There were increased supplies of lighter weight new season lambs which sold to weaker restocker competition.
Buyers travelling from Birchip and Ballarat along with some local inquiry.
The new season trade lamb market sold to solid competition across the outstanding offering. Heavy trade lambs 22kg to 24kg were
unchanged to $5/head easier averaging 832c/kg cwt. Heavy new season lambs attracted a large field of processors and values picked up in
a fluctuating sale. Heavy lambs firmed making from $205 to $217, while the extra heavy gained $1 selling at $225 to $266/head to average
827c/kg cwt. New season lambs back to the paddock met with weaker demand. The bulk of the lambs selling at $105 to $148/head.
Old trade lambs did not attract all buyers slipping $2 to $5 averaging 750c to 787c/kg cwt. Merino trade lambs sold to a large group of buyers
making from $131 to $210/head.
There was more export buyers operating this week and all were keen to acquire a market share. Extra heavy lambs 26kkg to 30kg were
unchanged selling from $202 to $263/head to average 790c/kg cwt. Lambs weighting 30kg to 40kg surged $12/head with some exceptional
lambs weighing approximately 40kg cwt. The bulk selling from $258 to $290/head.
It was another outstanding yarding of mutton with limited supplies of 1 and 2 score sheep. Heavy sheep sold to weaker competition with not
all buyers operating fully. Heavy crossbred ewes sold up to $217/head averaging 553c/kg cwt. Heavy Merino ewes made from $153 to
$190/head. Heavy wethers sold at $150 to $200 averaging 629c/kg cwt. Trade and light sheep ranged from $92 to $155/head, averaging
561c/kg cwt.