Market Report – 10 May

Lamb numbers were steady and quality similar. There were plenty of store lambs and re-stockers were buying heavier lambs. A small run of well-finished medium and heavy trade lambs and an improved offering of heavy export lambs were penned to the usual buyers. There only was a small run of Merino lambs offered. All the usual buyers were operating in a firm to slightly dearer market. Restocking lambs were dearer on average but more weight was purchased.

Restocking lambs ranged from $86 to $140/head. Light trade weights sold from $103 to $129/head. The medium and heavy trades ranged from $123 to $148/head, averaging 615c to 630c/kg cwt. Heavy lambs were firm to $7/head stronger, mostly on the improved quality of the heavier lambs. Prices ranged from $149 to $178, averaging 595c/kg cwt and extra heavy lambs topped at $200/head.

Mutton numbers eased and quality was mixed. Prices were fully firm. Medium weight ewes sold between $105 and $148/head. Heavy crossbred ewes reached $194 and heavy Merino wethers sold to $168/head. Most averaged around 500c to 520c/kg cwt.

Market Report: MLA’s National Livestock Reporting Service.

CLICK HERE to download the SELX Market Report – Prime Sheep & Lamb sale – 10 May 2017.

Photo: Oliver Mason, Elders sold 111 XB Lambs on behalf of Bobcat Grazing, Crookwell to a sale top of $200ph.