A couple of bright spots at Wagga Wagga

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Yarding - 60,500

Increased numbers were offered in the effort to clear out older lambs, creating space for the arrival of new season lambs. Notably, major supermarkets exclusively focused their operations on the new season lamb categories. As a result, there was limited competition within the weight range of 20kg to 26kg for old lambs. Sales for older trade lambs met significant price variations, with lambs exceeding 30kg experiencing a price uptick of $5 to $10 for the leading pens.

However, despite these dynamics, older lambs weighing under 26kg carcass weight met challenges in attracting buyers. The trade competition displayed infrequent patterns, causing prices to fluctuate considerably. Within the new season lamb category, approximately 4;000 lambs were available, mostly ranging from 21kg to 29kg in weight. Notably, not all buyers participated in this specific category.

Young trade lambs achieved prices ranging from $106 to $150 per head, showing a slight decrease of $4 to $5 per head. On the other hand, prices for old trade lambs saw a decline of $10, averaging at 466c/kg cwt. Among the lighter weight lambs directed towards processors, prices ranged between $19 and $73 per head. Demand for Merino lambs was subdued, resulting in prices ranging from $19 to $105 per head. In the heavy export market, lambs with substantial weight and shorter skin attracted the most robust bidding. The leading pens of these grain-assisted lambs experienced an increase of $5 to $10, while prices for other lambs remained steady. Lambs weighing between 26kg and 30kg were sold within the range of $119 to $155 per head, whereas those above 30kg fetched prices from $139 to $180, averaging at 456c/kg cwt.

The sale drew the usual crowd of sheep buyers. Processor interest appeared somewhat lacklustre, as buyers seemed less inclined to engage in competitive bidding. As a result, the market saw a decline of $21 in the prices of heavy Merino ewes. In contrast, crossbred ewes experienced steadiness or a modest increase of up to $5 at the higher end. Sheep of significant weight commanded prices ranging from $70 to $110. Amidst a market characterized by big fluctuations, trade sheep managed to maintain an average of 227c/kg cwt.

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