Market Report – 27 November 2019

Total Yarding: 35,457

Agents penned over 8,000 more sheep and lambs today. The quality was mixed across all weights and grades with some pens of sappy new season lambs available, however, most have started to show signs of the dry conditions across the supply area. All the regular field of buyers were present and joined by additional restocker and feedlot competition stepping into some heavy lines. The market was mostly firm to stronger across most categories with prices a little softer on the lighter lambs returning to the paddock.

Light weight lambs were firm to $5 dearer with the 12kg to 18kg 2 scores selling to the processors between $100 to $142/head. Trade weight new season lambs gained some momentum on the fresher lots lifting $7 to $9/head in places. The 18kg to 22kg lambs selling from $140 to $168 and the heavy trade weights 22kg to 24kg lambs making between $167 and $178/head to average $714c/kg cwt. Heavy lambs to the domestic and export buyers eased up to $7 selling between $177 and $190/head.

Store lambs were very well supplied with the lighter weights returning to the paddock making between $95 to $140/head, selling in up to a few dollars easier. Feedlot buyers paid between $103 to $142/head. Lambs weighing between 18kg to 22kg returning to the paddock or going to feed were making between $136 and $168/head.

Overall it was a mixed quality yarding of mutton selling $10 to $20/head easier across all weights and grades. Merino 4 score ewes sold between $145 to $172 and heavy crossbred ewes made between $145 and $204/head, averaging 564c/kg cwt.The 2 and 3 score ewes sold from $84 to $155/head.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Topping today’s market Arabin & Sons, Binalong sold 43 XB Suckers with Butt Livestock & Property for $215ph.

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