Market Report – 15 February

Lamb numbers eased and the quality was plainer on the light store lambs and most of the trade weights. Heavy lambs were very well finished and attracted strong competition from both trade and export buyers. The market was dearer despite a smaller buying group.

Light store lambs were $15 dearer selling from $96 to $123, averaging $110/head. Most of the trade weights were $10 to $15 dearer with the medium and heavy trade weights selling from $125 to $154/head, averaging 655c/kg.

Heavy lambs were better finished and sold $15 to $20 dearer and ranged between $154 and $184 with a single pen of extra heavy lambs reaching $193/head. Carcass prices averaged around 670c/kg. The best of the hoggets made to $150/head.

Mutton numbers stayed steady and the quality was mixed. Prices lifted a further $5 to $9 with the medium weight Merino ewes making from $81 to $128 for ewes with long wool. Heavy crossbred ewes reached $136 and heavy Merino wethers topped at $129/head. Most averaged 430c to 460c/kg.

Market Report: MLA’s National Livestock Reporting Service

CLICK HERE to download the SELX Market Report – Prime Sheep & Lamb – 15 February 2017.

Photo: Oliver Mason, Elders sold XB Lambs on behalf of Merrivale P/L to a market top of $193ph.