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 11/07/2019 comparison date 04/07/2019
Yarding 39300 Lamb 34000 Sheep 5300
Change -5030

Numbers slipped marginally as producers continue to offload, attracted by high returns. The lamb market continued its impressive run helped
along by the excellent quality yarding. Trade and heavy lamb categories were either grain assisted or finished off crop. There were reduced
supplies of lighter weight lambs with most selling to processors. Restocker activity was minimal with buyers preferring to wait for the new
season lambs.
Competition for trade lambs ramped up, with a major domestic processors dominating over the 21kg to 24kg cwt stock. Processors paid
premium prices for shorter skinned lambs which helped boost prices $4 to $8/head. Heavy trade 22kg to 24kg made up the bulk of the
offering making $224 to $258/head to average 1015c/kg cwt. Merino trade lambs sold to a larger group of buyers and all categories sold to
strong demand. Merino trade lambs sold from $168 to $249/head. Light lambs suitable for export made from $109 to $168/head.
Regardless of a reduced field of buyers in the export market prices continued to strengthen. Generally heavy lambs 24kg to 26kg were $3
dearer selling at $250 to $272/head. Despite less buyers competing for the extra heavy lambs, the market was still able to post dearer trends
of $8 to $14/head to average 970c to 1010c/kg cwt.
It was a smaller sized yarding of mutton with all weight and grades represented. Heavy Merino ewes sold up to $232/head, averaging 638c/kg
cwt. Heavy wethers were in reduced numbers, with the bare shorn recording a top price of $170/head to average 636c/kg cwt. Trade sheep
sold to fluctuating price trends making $115 to $158/head, averaging 592c/kg cwt.