Market Report – 27 January 2021

Total Yarding: 10,175

Numbers decreased by almost 2,000 sheep and lambs. The quality improved across the new season trade weight lambs and there was an excellent supply of heavy shorn lambs creating some strong competition between domestic and export processors. All regular buyers were present and operating in a firm to dearer market. Restockers were active again on the large supply of store lambs.

A lift in quality of new season lambs going to domestic processors resulted in price gains up to $9, lambs selling from $166 to $210/head. Shorn medium and heavy trade weights were in good supply jumping $8 in places selling from $174 to $212/head to average 837c/kg cwt. Strong competition resulted in heavy lambs gaining $10 selling from $200 to $223/head. Heavy export lambs sold from $215 to $250/head to average 786c/kg cwt.

Another large supply of store lambs were penned with restockers paying from $115 to $159 for light lambs and up to $195/head for medium weights. Lambs going to feed sold from $145 to $172/head.

Hoggets sold to $228 for cross bred types and Merino’s reached $208/head. Mutton sold to weaker trends with heavy cross bred ewes selling from $153 to $208, slipping $10 and heavy Merino ewes reaching $211/head. Medium weight sheep sold from $108 to $151/head.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Daniel Selmes, Narrawa achieved the top price of the sale, with Jock Duncombe (Duncombe & Co) selling 20 XB Lambs for $256ph. (Daniel also sold 87 XB Lambs for $251ph & 133 XB Lambs for $242ph – a good day at the office!)

Click here to download the full SELX Market Report – Prime Sheep & Lamb sale – 27 January 2021.