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Competition from exporters remained subdued at Bendigo

  • By: "Prime" Ag News
  • Sheep & Wool News
  • Apr 13, 2021
  • 236 views
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Yarding - 25,000 (+4000).
Lambs - 19,000 (+2000).
Sheep - 6000 (+2000)

A slightly larger yarding of 19,000 lambs following the Easter break. Quality was generally plainer, with a lot of lambs off stubble and dryland pasture now lacking finish and fat cover as the weather turns cold. A major domestic buyer was still absent, and competition from exporters remained subdued. Prices were mostly $3 to $6 easier, with the best trade weights firm on a fortnight ago.

The heaviest export lambs over 30kg cwt sold from $230 to a top of $276 to average $250/head. There was flat spots in the auction for heavy lambs, 27 to 29 kg cwt, which fell between export and heavy trade demand to fluctuate from $200 to $228/head. The main run of crossbred lambs, 24 to 26kg, sold from $190 to $210 to average $202/head. The neatest genuine size trade lambs, 22 to 24kg, sold from $182 to$200/head. On a carcase basis, a spread of 740c to 800c/kg covered the majority of sales with most weights and grades recording averages between 760c to 785c/kg. Only the very best domestic lambs sold over 800c/kg cwt. Restockers and feeders stepped into bigger framed lambs that lacked cover at $160 to $175 for most, occasional sales to $200/head to the paddock.

Not all buyers remained for the sheep yarding of 6,000 head. Competition for the heaviest crossbred and Merino sheep was robust, with prices averaging dearer. Some very good lines of Merino wethers were the standout and averaged over 700c/kg cwt. The balance of the sheep was mixed and the smaller pen lots impacted results.

 

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