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 25/07/2019 comparison date 18/07/2019
Yarding 53000 Lamb 42000 Sheep 11000
Change 8000

Numbers lifted as producers continue to offload at the saleyards, rather than sell direct to the abattoirs. The market was unable to sustain its
impressive run with quality slipping over trade and light weight categories. There were bigger supplies of lighter weight lambs which meant
buyers discounted plainer pens. Restocker activity was minimal with buyers preferring to purchase the small offering of lighter weight new
season lambs. There were just over 13,000 Merino lambs penned and prices varied greatly over all weight categories, with buyers struggling
to find a base price.
Competition for trade lambs was erratic throughout the sale with buyers discounting longer wool lambs. Processors paid premium prices for
shorter skinned lambs which helped cement a floor in prices. Heavy trade, 22kg to 24kg, sold $11 cheaper making from $214 to $251/head to
average 960c to 989c/kg cwt. A few pens of new season lambs equaled last week’s prices making from $185 to $245/head. Merino trade
lambs sold to a large group of buyers and all categories sold to significantly weaker demand of up to $14/head. Merino trade lambs sold from
$148 to $240/head. Light lambs suitable for export made from $109 to $168/head.
Generally heavy lambs, 24kg to 26kg, were $11 cheaper selling at $240 to $267/head. Buyers were more cautious when competing for the
extra heavy lambs with only the 30kg cwt types attracting stronger bidding. Lambs 26kg to 30kg sold $6/head cheaper to average 989c/kg
cwt. Lambs weighing above 30kg cwt sold $6 dearer selling at $300 to $354/head. Merino heavy lambs slipped $13 making from $255 to
$298/head to average 891c/kg cwt.
It was a bigger sized yarding of mostly medium and heavy weight sheep. Heavy Merino ewes sold $8/head cheaper averaging 697c/kg cwt.
Heavy wethers were in reduced numbers recording a top price of $240/head to average 697c/kg cwt. Trade sheep sold to mixed price trends
making $130 to $159/head to average 602c/kg cwt.