$10 to $30 cheaper for Lambs at Wagga Wagga

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Yarding - 55,250

The sale had a big percentage of lambs in the offering pushed off crop regardless of finish. The tempo of the market was $10 to $30 cheaper. The new price level meant all buyers were keen to secure numbers. A major supermarket did not operate, while another key export processors watched the sale. Woolly lambs and off types were discounted. Light lamb values were hit hard, with no depth in the restocking ranks and lack lustre demand from processors.

Trade competition was infrequent and prices fluctuated around quality, with recently shorn lambs paid the premium prices. There were a few pens of new seasn trade lambs and they sold from $108 to $146/head. Old trade lambs 21kg to 26kg sold from $86 to $117 to average 459c/kg cwt. Light weight lambs to the processors ranged from $12 to $76/head. Merino lambs sold from $86 to $95/head. In the heavy export market weight and shorter skinned lambs attracted the strongest bidding. The lower values for heavy exports saw extra buyers enter the fray and all sales met solid demand. The bulk of the heavy export lambs sold up to $15 to $22 cheaper . Lambs 26kg to 30kg sold at $115 to $155/head. Over the 30kg made from $150 to $179/head to average 460c/kg cwt. It was a small group buyers at the rail.

There was little competition amongst the group, with buyers happy to take a back seat throughout the sale. Heavy Merino ewes and wethers sold from $69 to $115 to average 318c/kg cwt. Heavy Crossbred ewes made from $75 to $112/head. Trade sheep with cover averaged 213c to 240c/kg cwt.

https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre