Market Report – 2 February 2024

Prime Lamb & Sheep

Total Yarding: 14,072

Rain in the supply area had an effect on lamb numbers. The quality was also effected with a plainer yarding offered. There were only a few prime pens of lambs offered by each agent and the quality fell away quickly. All weights were represented and with the plainer yarding and not all the usual buyers were present, resulted in a cheaper market.

New season trades were $10 to $15 cheaper selling from $128 to $161/head, heavy weights reached $180. The woolly lambs averaged 610c/kg. The lighter restocking lambs went against the trend lifting $15 with most selling from $104 to $128/head.

Shorn trade lambs were $15 to $20/head cheaper ranging from $127 to $161/head to 24kg cwt and averaged 640c to 660c/kg cwt. The more consistent heavy lambs sold from $160 to $198/head or 670c/kg and extra heavy weights reached $214/head. Heavy hoggets slipped $6 reaching $138/head.

Mutton numbers were similar and the quality was again mixed. Prices were dearer on the light weight mutton but was $6 to $10 cheaper on the medium and heavy weights. Merino ewes reached $132/head to a restocker and heavy crossbreds reached $118/head. Most of the mutton averaged from 280c to 320c/kg cwt.

Market Report: MLA’s National Livestock Reporting Service. Click here to download full market report.

Photo: 78 XB Lambs sold for $214ph by AgStock on behalf of S Robinson.

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