$20-$40 Lamb price rises at Wagga Wagga

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The recent arrival of heavy rainfall across the region has revitalized the lamb market, sparking vigorous bidding from eager buyers vying for a stake in a more limited offering. Despite the fact that not all major export or domestic processors were operational, the market witnessed a significant upswing. The dynamic market conditions are shaping the pricing landscape leading into the new year.

On average, prices recorded a substantial increase of $25 to $40, particularly notable for well-finished, net-shorn lambs that commanded premium rates. Trade lambs peaked at $194, while the heavier trade lambs in the 24-26 kg range fetched prices of $216, with an average of 830 cents/kg cwt. Lambs in the 26 to 30 kg category were sold within the range of $216 to $244, and those surpassing 30 kg carcass weight reached a peak at $255. Light lambs took the spotlight, with prices spanning from $108 to $145. The eagerly awaited sheep sale is on the horizon, heightening anticipation for the unfolding dynamics of the market. Stay tuned for further updates as we delve into the latest shifts in the livestock market.

Trade and light sheep directed the spotlight as most buyers sought to secure their market share. Prices saw improvement as the sale unfolded, with trade and light sheep experiencing a notable increase of $15 to $30, averaging around 250c/kg carcass weight. Heavy ewe prices surged by $48, although interest from buyers in this weight range was limited, with only a few seeking to make purchases. Sales ranged from $64 to $110.

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