Another limp wristed market at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Sep 27, 2024
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Yarding - 45,000
The market experienced a decline in numbers due to rainy weather, which contributed to a smaller yarding. Not all major buyers were operating, and while the overall quality of the lambs was fairly good, there was a noticeable drop in prices for older light lambs. The market was somewhat volatile, with Victorian buyers showing caution in their bidding, likely influenced by the upcoming public holiday.
A total of 14,350 new season lambs were offered, with a significant portion being trade or heavy export types. Young trade lambs faced inconsistent competition, resulting in price drops of $6 to $8/head. Trade lambs weighing between 20 to 24 kg sold for $148 to $194, averaging around 759c/kg cwt. Lambs in the 25-26 kg range fetched prices between $188 and $217, averaging 761c/kg. Heavy export young lambs saw stronger competition at times, although their prices slipped by $10, selling for $205 to $230/head. Lambs weighing over 30 kg were priced from $232 to $247/head. Store lambs back to the paddock or to feed on made from $81 to $195/head.
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In the category of older lambs, there was a reduced pool of buyers, leading to trade lamb prices dropping by up to $20/head. However, heavy export lambs over 30 kg were in high demand, gaining $24 and selling for $222 to $268.
It was a good to fair quality offering with Merino ewes and wethers well supplied. Price improved $5 to $7 for big heavy Merino wethers and they ranged from $102 to $134/head to average 343c/kg cwt. Merino ewes with weight ranged from $79 to $125, while the crossbred portion sold at $85 to $121 averaging 331c/kg cwt. Trade sheep sold to a smaller group of processors making from $58 to $68 to average 278c/kg cwt.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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