Market Report – 31 July 2019

Total Yarding: 6,252

Lamb numbers fell by more than half and the quality was plain to fair with plenty of lambs lacking the desired finish that most processors are looking for. There was a small run of well finished trade lambs and heavy lambs were limited. Merino lambs were showing the biggest reduction in numbers. The market sold to a cheaper trend. Not all the buyers operated.

Restockers paid $152 for new season lambs and to $154/head for old lambs. The 2 score processing lambs were $12 cheaper selling from $78 to $126/head. Medium and heavy trade lambs were $10 to $15 easier and ranged from $149 to $197/head. The few heavy lambs were $20 cheaper, selling from $186 to $216 and extra heavy weights reached $265/head. Carcase prices averaged 780c to 840c/kg cwt. Merino trade lambs received $124 to $174/head. Hoggets sold to $190/head.

Mutton numbers also fell and the quality was fair to good. Prices eased after last weeks very strong market. Light sheep were back $5 to $7 and the heavy weights fell $20/head with less competition. Medium weight ewes sold from $100 to $146/head. Heavy crossbred ewes $146 to $190/head. Merino ewes reached $186 and wethers $172/head. Carcase prices averaged from 540c to 580c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Archie & Aileen Coggan, ‘Avonlee’, Middlearm. This is Archie & Aileen’s last consignment of sheep before retiring. Jock Duncombe, Duncombe & Co sold the 45 XB Lambs for $244ph.

Click here to download the full SELX Market Report – Prime Lamb & Sheep sale – 17 July 2019.