10 May Wagga Saleyard Report – Sheep and Lamb 09/05/2019
Detailed Saleyard Report – Sheep and Lamb
Market information provided by MLA’s National Livestock Reporting Service
Wagga, report date 09/05/2019 comparison date 02/05/2019
Yarding 44000 Lamb 34000 Sheep 10000
Numbers increased on the back of last week’s dearer market. It was a good quality yarding of trade and heavy lambs, with a large field of
buyers including restockers and feedlots. Restockers activity intensified, while feedlot buyers dominated. Light weight MK bag lambs sold to
fluctuating price trends, with most of the competition driven by feedlot and restocker demand.
Price gains were recorded for both medium and heavy trade weight categories, with the 22-24kg lambs gaining $4/head to average 810c/kg
cwt. Light and medium trade weights averaged from 800c to 815c/kg cwt. Inspired restockers after recent rain clashed with feedlots and
processors to secure later drop lambs. Stores sold from $100 to $161/head. Shorn lambs suitable to feed on commanded premium prices,
making from $152 to $186/head. Light lambs showed considerable price variation based on restocker competition. Light export lambs sold
from $115 to $154/head.
Bidding strengthened for heavy and extra heavy lambs, pushing prices $7 to $11/head higher. Generally, heavy lambs weighing 24-26kg
made from $188 to $215/head. The bulk of the extra heavy lambs sold from $199 to $270/head to average 722c/kg cwt.
It was another good sized yarding of mutton, with most weights and grades represented. Demand was weaker, with prices cheaper for heavy
crossbred and Merino ewes. Heavy crossbred ewes sold up to $18 cheaper, making from $148 to $226/head, averaging 591c/kg cwt. Heavy
wethers were limited, making from $178 to $243/head. Trade sheep were well supplied, receiving from $113 to $155/head, averaging from
537c to 580c/kg cwt.