Cheaper Lamb market at Bendigo

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Yarding - 18,000 (+2150)
Lambs - 13,000 (+1250)
Sheep - 5000 (+900)

Few more numbers offered ahead of next week's public holiday with 13,000 lambs and 5,000 sheep yarded. Lamb quality was very mixed with fewer hard fed export and trade lambs on offer against more grass finished types that were varied for fat cover and finish. One supermarket order was still absent and all other buyers attended but operated below capacity and the tone of the market was very flat and selective. The very best export and trade lambs sold at similar money to a week ago but only in limited numbers. Most lambs were $5 to $12/head cheaper with secondary trade weights the hardest hit this week. Local store buyers did step-in and purchase some trade lambs that displayed frame but lacked finish.

There was one sale of heavy export lambs at $280/head the balance of the 30kg cwt plus crossbreds sold from $230 to $265/head at an estimated 700c to 725c/kg cwt. Bidding for heavy lambs 26-30kg cwt again had some flat spots for pens falling between export and trade orders at $189 to $222/head. Trade lambs 22-24kg cwt sold from $178 to $205/head with plainer and lighter domestic lambs mostly between $160 to $175/head.

All these weight categories recorded a price spread of about 685c to 800c/kg with the bulk of sales falling between 730c to 760c/kg cwt. There was only rare sales of very neat shorn domestic lambs at 800c/kg. Store lambs were cheaper particularly those in the 18-22kg cwt range at $130 to $177/head. The few lines of Merino lambs were cheaper costing processors less than 700c/kg cwt.

The sheep sale was very erratic. On-going competition from two exporters kept values for heavy mutton similar to dearer than a week at at $180 to $219/head for big crossbred or woolly Merino ewes. After this the market broke-up and was difficult to follow at times. Sheep with frame and reasonable fat cover mostly $130 to $175/head in a cheaper result with better quality light sheep $70 to $120/head. The majority of mutton sales were estimated between 500c to 580c/kg cwt

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