23 Jul Wagga Detailed Saleyard Report – Sheep and Lamb
Detailed Saleyard Report – Sheep and Lamb
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 23/07/2020 comparison date 16/07/2020
Yarding 29000 Lamb 22000 Sheep 7000
Lamb numbers were lower on the back of this week’s price correction at other selling centres. Quality was excellent over trade and heavy
lamb categories, with most lamb’s grain assisted or finished off crop. There were 2,000 new season lambs penned and quality was
outstanding. Heavy and extra heavy lamb numbers were similar while lambs over 30kg cwt were not quite as plentiful. Sale yard prices
weakened notably due in part to a major processors absent or not operating fully. Competition in the trade market was erratic, with buyers
extremely cautious when making purchases. The market lacked direction causing a big price spread over all categories.
New season lambs sold to weak demand resulting in a cheaper trend of $20/head with lambs 22 to 24kg averaged 759c/kg cwt. Generally, old
trade lambs eased $20 to $25/head. Lambs, 21 to 24 kg cwt, sold from $153 to $189/head, with the bulk averaging 716c/kg cwt. Merino
trade lambs sold to a small group of buyers and all categories sold to weak competition to average 638c/kg cwt.
There were the usual export buyers at the rail along with some domestic processor competition occasionally. Competition was patchy over all
weight categories. Lambs, 26 to 30kg, sold $31 cheaper making from $166 to $182/head to average 668c/kg cwt. Lambs weighing over 30kg
cwt declined $26 selling from $177 to $220/head, averaging 567c/kg cwt.
It was another good quality yarding of mutton, with heavy sheep well supplied. Heavy ewes sold to a small group of active buyers which
contributed to a price correction of $26 to $41/head to average 533c/kg cwt. Heavy wethers averaged 508c/kg cwt. Trade sheep were limited
making from 530c to 572c/kg cwt.