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 01/08/2019 comparison date 25/07/2019
Yarding 35000 Lamb 24000  Sheep 11000
Change -18000

On the back of significant price corrections this week at other selling centres, numbers dropped substantially. Trade buying activity was
notably weaker with some processors reporting they had reduced their processing shifts or had shut for maintenance. Select pens of shorn
lambs were keenly sought, however at lower price levels than the previous sale. Longer wool old trade lambs were discounted heavily
throughout the sale. There were 3,240 new season lambs in the offering and quality was quite good with the bulk ranging in weight from 21-
26kg cwt. Heavy and extra heavy lambs numbers declined and so did competition causing a considerable price spread over all weight
categories. There were reduced supplies of lighter weight lambs with most selling to processors.
The trade lamb market continued its cheaper run with trade lambs easing $10 to $20/head. The top price recorded for 22-24kg was
$232/head with the bulk averaging 870c/kg cwt. New season trade lambs did not attract all buyers resulting in a cheaper trend of $18 to
$19/head to average 895c/kg cwt. Merino trade lambs sold to a smaller group of buyers to average from 798 to 815c/kg cwt. Light lambs to
the processors sold to subdued southern competition making from $108 to $160/head. It was the usual field of export processors however
buyers rarely entered into bidding duels, preferring to walk away. Generally, heavy lambs, 24-26kg, sold $25 cheaper, making $212 to
$245/head. Extra heavy lambs decreased by $25 to $39/head with the bulk averaging 880c/kg cwt.
It was another good quality yarding of mutton with limited numbers of 1 and 2 score sheep offered. Heavy sheep sold to much weaker
competition, with buyers very selective when bidding. Heavy crossbred ewes sold up to $210/head, averaging 544c/kg cwt. Heavy Merino
ewes sold $25 cheaper, making from $147 to $181/head. Heavy wethers were in reasonable numbers, recording a top price of $208/head to
average 547c/kg cwt. Trade and light sheep were limited, selling from $118 to $150/head, averaging 591c/kg cwt.