Market Report – 16 August

Total Yarding: 8699

Lamb numbers improved and the increase came in 1,500 new season lambs which were offered. Quality was good in the young lamb runs while old lambs were mixed with a percentage that lacked finish. Trade and heavy lambs were well supplied along with a small offering of extra heavy lambs. Merino lambs also showed an increase in numbers but there was not as much weights penned. The usual buyers operated in a firm to cheaper market.

New season lambs were firm. Light trade sold to $115/head. Medium and heavy trade weights received $118 to $140 and heavy lambs made up to $163/head. Carcass prices ranged between 570c and 620c/kg. Restockers paid from $99 to $118/head.

Old 2 score processing lambs were $10 cheaper and averaged $81/head. The medium and heavy trade weights lost $2 to $4 and sold from $110 to $136/head averaging 550c/kg. Heavy old lambs were $4 dearer and ranged from $120 to $156 and extra heavy lambs made to $176/head. Carcass prices ranged from 515c to 570c/kg. Merino lambs were $7 dearer and sold from $100 to $144/head. Best of the heavy hoggets sold to $149/head.

Mutton numbers and quality was a little more mixed. There were plenty of well covered medium and heavy Merinos but there was an increase in plainer sheep. Prices lifted $2 to $3 for Merinos and slipped $7 on the heavy crossbred ewes. Medium weight ewes sold from $87 to $117/head. Heavy crossbred ewes reached $135/head. Heavy shorn Merino wethers sold to $114/head. Most of the better covered sheep averaged 410c to 435c/kg.

Market Report: MLA’s National Livestock Reporting Service.

CLICK HERE to download the SELX Market Report – Prime Sheep & Lamb sale – 16 August 2017.

Photo: MD & JJ Anderson selling 2nd x Lambs on behalf of Spybay Investments, Laggan topped today’s market with $176ph.