Bit of buoyancy in the job at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Nov 17, 2023
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Yarding - 53,000
The Wagga lambs sale saw a notable decline in numbers, however, lambs under 20kg carcass weight were in greater numbers. It's important to highlight this week's yarding lacked considerable weight, with lambs over 26kg carcass weight being limited in each agent's run. Despite not all domestic buyers attending the sale, the market gained momentum for well-finished lambs, irrespective of their age. The limited supply forced buyers to engage in intense bidding to secure the better-finished types across all trade and heavy categories.
New season lambs sparked strong bidding, resulting in a price increase of $10 to $20/head. Prices mainly ranged from 530c to 600c per kilogram carcass weight. Young lambs weighing between 24 and 26kg were eagerly sought by all buyers, fetching prices between $128 and $160/head. Old trade lambs were relatively scarce, typically appearing in small lots of 20 to 80 per head. Heavy old lambs maintained consistency, with the dearer market recording a top price of $171. Merino lambs were in limited supply, fetching prices ranging from $60 to $109. Despite the mixed supply of store lambs and light lambs intended for restockers prices increased by $10, ranging from $40 to $97head.
In the heavy export market, major companies actively pursued lambs with weight. Young lambs weighing between 26 and 30kg saw a $17 improvement, ranging from $142 to $168/head. For lambs weighing over 30kg, buyers stepped up with stronger competition for the limited supply, resulting in prices ranging from $165 to $178 per head, averaging 516c/kg carcass weight.
The mutton sale saw a substantial lift in supply, and the quality varied from outstanding to trade types. Heavy ewe mutton faced considerably stronger competition, mainly between two buyers. The market was extremely buoyant with long bidding duels for the younger heavy sheep. Heavy sheep sold $10 to $18 dearer averaging 171c/kg cwt. Trade sheep were in big demand by a large group of processors, fetching prices between 112c and 130c/kg. Light sheep made from $27 to $33/head.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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