A Sheep shocker at Wagga Wagga

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Yarding - 64,600

Last week, following an increase in prices, there was a rise in the numbers of stock, with 41,000 lambs and 23,000 sheep being yarded. Despite varying quality across most classes, there was ample supply available for processors, feedlots, and restockers to choose from. While the market experienced an overall softening across all categories, lighter secondary lambs suitable for restocking sold at dearer prices, whereas lambs intended for feeding purposes remained mostly unchanged, reaching a peak of $140.

Heavy lambs weighing over 30kg cwt were sold at $5 to $6 cheaper, ranging from $182 to $244. Lambs weighing between 26 to 30 kg saw a price drop of $10 to $26, selling between $145 to $180. Heavy trade lambs sold within the range of $145 to $170. Trade lambs experienced a slight decrease in price, with the best trade lambs, weighing 20 to 24kg, selling close to firm at $120 to $158 to average 625c/kg cwt.

The mutton sale saw a mixed yarding, with more than half of the offering weighing less than 26kg. The high volume of sheep at all selling centres led buyers to adjust prices downwards, with reductions ranging from $20 to $30 across the board, and in some cases, prices even dipped by $40. It was a challenging market, with only a few sales breaking the $100 mark, while the majority sold for well under that figure. The predominant price range for the majority of the offerings was between 240c and 280c/kg cwt. However, there were some exceptions, such as a single pen of Merino wethers weighing 40kg, which fetched a top price of $128. Sale data was compiled remotely.

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