Market Report – 31 October

Total Yarding: 36,729

Lamb numbers lifted and the rise came in a larger run of Merino lambs. Close to 16,500 new season lambs were penned and the quality varied from light store lambs to very well finished heavy lambs. Trade weights were well supplied and there were plenty of store lambs. Heavy and extra heavy lambs remain in short supply. The market sold to a cheaper trend.

The 2 score new season restocking lambs were $15 cheaper selling from $98, to trade weights going on to feed at $145/head. Medium and heavy trade lambs were $15 to $20 cheaper to make from $125 to $144/head. Heavy lambs made from $155 to $182/head. Carcase prices averaged 620c to 660c/kg cwt.

Merino lambs sold from $97 to $115/head. Heavy lambs with a full fleece reached $180/head.

Mutton numbers lifted and the quality was plainer. There were plenty of medium and heavy sheep. Competition was strong, but prices eased $12 to $15 on the medium weights and $20 on the heavy weights. Medium weight 2 score ewes made from $86 to $104/head. Heavy crossbreds sold from $106 to $140/head. Most averaging 380c to 400c/kg cwt.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Delta Agribusiness sold a total of 232 XB Suckers on behalf of P&G Cusack, Galong to a top of $182ph.

Click here to download the full SELX Market Report – Prime Lamb & Sheep sale – 31 October 2018.