Market Report – 27 February 2019

Total Yarding: 18,973

Lamb numbers eased and the quality was varied. There was a good run of trade and heavy lambs, but extra heavy weights remain limited. A large percentage of the yarding is comprised of light lambs that are in demand from light exporters, restockers and feeders. The market sold to a primarily cheaper trend.

Restocking lambs sold from $83 to $128 and feeders paid to $145/head. The 2 score processing lambs were firm, making from $75 to $108/head. Medium and heavy trade weights eased $4 to $9, receiving from $136 to $146/head. Carcase prices averaged from 620c to 670c/kg cwt. Heavy lambs eased $4 to $7, making from $147 to $168, with one pen reaching $180/head. Carcase prices averaged from 600c to 640c/kg cwt. Light Merino lambs sold to $100 and hoggets reached $150/head.

Mutton numbers were back slightly and the quality was again mixed, with plenty of light and medium weights penned. Prices were firm to $4/head softer. Light sheep sold from $35 to $59/head. Medium weight ewes made from $71 to $111/head. Heavy crossbred ewes received from $106 to $136/head. Carcase prices averaged from 370c to 400c/kg cwt on the better covered sheep.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Agstock selling a total of 240 XB Lambs on behalf of Ardrossan Nurseries, Batlow to a top of $180ph.

Click here to download the full SELX Market Report – Prime Lamb & Sheep sale – 27 February 2019.