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 13/06/2019 comparison date 06/06/2019
Yarding 38000 Lamb 31000 Sheep 7000
Change -12000

Numbers decreased after last week’s significantly cheaper trends. Quality for trade and heavy lamb classes was very good, with most
supplementary fed or finished off crop. Dearer prices were achieved for heavy and some trade lambs however, the market was erratic
throughout the sale. The usual field of buyers attended. Restocker and feedlot competition did not reach the higher price levels of past weeks,
with feedlot buyers attending but not operating.
The domestic lamb market continued to be buoyed by steady demand from major domestic processors. The bulk of the heavy trade lambs
weighing 22-24kg were unchanged making from $200 to $229/head to average 891c/kg cwt. Light and medium trade weight lambs averaged
from 840c to 900c/kg cwt. Merino trade lambs were keenly sought, gaining up to $20, making from $177 to $214/head. There was a reduced
selection of quality store lambs on offer meaning very few store buyers operated. Well-bred store lambs sold from $145 to $187/head.
The strong point of the market was extra heavy lambs, led by major export buyers who continually paid above $300/head for lambs weighing
30kg cwt plus. Generally, heavy lambs weighing 24-26kg sold from $231 to $244/head. Prices for extra heavy lambs gathered pace, recording
a top price of $340.20/head. Prices lifted $9 to $40/head to average 890c/kg cwt.
Sheep numbers decreased and all weights and grades were represented, along with extra numbers of lighter weight ewes. The market
strengthened as the sale progressed despite some buyers not operating fully. Heavy crossbred ewes topped at $255/head to average 631c/kg
cwt. Rain overnight pushed heavy Merino mutton over 740c/kg cwt, with buyers scrabbling to secure supplies. Merino wethers weighing over
30kg cwt sold from $230 to $240/head to average 713c/kg cwt. Trade sheep were well supplied, making from $115 to $155/head, averaging
602c/kg cwt.