Buyers show less intensity at Bendigo

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Yarding - 19,830

Similar lamb numbers but a step back in quality again with less weight and finish evident across the yarding. One exporter and one major domestic processor didn’t operate, and overall the buying group showed less intensity and demand for numbers compared to a week ago. The market tended to drift down, with lamb prices from firm to $3 to $10 easier, although there was bigger falls over some of the plainest store lambs which only received subdued restocking interest.

Heaviest export lambs over 30kg cwt from $235 to a top of $254; the heavy 26-30kg pens varied from $201 to $234; best heavy trades, 24-26kg, $186 to $206; general run of domestic lambs $155 to $190. The sale did show a wide carcass price spread at times, most of the better style crossbred lambs estimated as costing processors 750 to 790c/kg cwt. Crossbred store lambs showing reasonable breeding and frame $110 to $150, but there was several large lines of very small unshorn lambs at $34 to $48 to the paddock.

The sheep market opened dearer in the morning session but showed a much cheaper trend when agents returned to the mutton run after the lambs had been sold. Not all the regular buyers were fully active. Heavy crossbred ewes $98 to $151 and best Merino ewes in wool to $144. Lot of trade and light sheep from $40 to $90. The change in price mid-way through the sheep market created mutton rates which stretched from 200c to over 380c/kg cwt.

https://www.bendigo.vic.gov.au/Services/Bendigo-Livestock-Exchange