23 May Wagga Saleyard Report – Sheep and Lamb
Detailed Saleyard Report – Sheep and Lamb
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 23/05/2019 comparison date 16/05/2019
Yarding 44000 Lamb 34000 Sheep 10000
Numbers increased and prices gathered pace. Good quality trade lambs were dearer, while the secondary shorn portion sold mainly to
feedlots at slightly higher price levels. Heavy and extra heavy lambs were a feature of the sale, with bidding intensifying for all weight
categories. Restockers activity strengthened, with some potential buyers leaving the sale empty handed due to the dearer trends. 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 increasing $18/head to average
872c/kg cwt. Light and medium trade weights averaged from 817c to 855c/kg cwt. Restockers frequently clashed with feedlots and processors
to secure later drop lambs. Store lambs with frame made from $130 to $178/head. Shorn lambs suitable to feed on commanded premium
prices, making from $143 $179/head. Light weight export lambs sold from $105 to $162/head.
Tightening supplies of heavy lambs strengthened competition, pushing prices $16 to $18/head higher. Generally, heavy lambs, 24-26kg, made
from $217 to $248/head. The bulk of the extra heavy lambs sold from $234 to $315/head to average from 830c to 859c/kg cwt.
It was another good sized yarding of mutton, with medium and heavy sheep well supplied. Heavy crossbred ewes sold up to $24 dearer,
making from $170 to $268/head, averaging 662c/kg cwt. Heavy wethers were in greater numbers, with the supplementary fed portion
recording a top price of $256/head to average 679c/kg cwt. Trade sheep were keenly sought by all processors, making from $120 to
$165/head, averaging from 580c to 621c/kg cwt.