Market Report – Prime Sheep & Lamb sale – 26 October

Numbers dropped slightly this week with agents yarding 14,036 including 5,297 suckers. The usual buyers were all in attendance with the addition of one extra domestic processor. The market saw fluctuating trends with quality and freshness impacting on results.

Heavy new season lambs topped at $171, averaging $120. New season trade weight lambs sold firm to easier, with fresh skinned lambs showing a distinct premium. Store lambs sold firm to $8 easier with local and interstate store lamb orders keeping both crossbreed and merino store lamb markets similar. Merino lambs sold to a top of $113.

Heavy mutton remained firm, with strong competition from domestic and export processors. Heavy crossbreed ewes sold to $140. Merino ewes topped at $114 with strong premiums given for sheep carrying skins over 15mm. Wethers topped at $125 with lighter and store sheep easing $5-10 with the absence of one store order. Hoggets sold to a top of $117.

Market Report: Oliver Mason, Elders

CLICK HERE to download the SELX Market Report – Prime Sheep & Lamb – 26 October 2016

Photo: Ian and Tim Cusack (Bywong Holdings, Sutton) pictured with Roger Thompson of Landmark, sold suckers for $135ph.

Upcoming sales at SELX:

  • Prime Sheep & Lambs – Every Wednesday, 11:00am
  • Prime Cattle – Every Thursday, 8:00am
  • Store Cattle – Last Friday each month – 10:00am