Erratic trends at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Mar 10, 2023
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Yarding - 78,000
Numbers declined moderately. The month of March is testing prices, as fast approaching we have two disruptions to markets looming. The Victorian labour day holiday in Victoria and the Easter holiday break interrupting two more working weeks. Buyers were put under pressure with contracts and direct to works filling up a large portion of the slaughter space. Most buyers did not operate to capacity across trade and export categories which effected price outcomes notably. Store buyers stepped into the market midway through the sale helping to put a floor in the market.
Prices trends varied across trade categories. Firstly, the mixed quality of lambs was blamed for some of the erratic trends. Secondly buyer participation from both domestic and export buyers was patchy. The quality of trade lambs, once selling lead pens, was inconsistent, as the dry seasonal conditions continue to impact on their finish. Well shaped pens of 22-24kg trade lambs dipped $11 to hover around 640c to 670c/kg. cwt. ,Heavy export lambs prices were $6 to $10/head cheaper. Lambs 26-30kg sold from $184 to $220/head. Lambs over 30kg cwt sold from $218 to $260/head to average 710c/kg cwt.
It was a very good quality offering of mutton. A northern processors dominated the sale with other companies subdued. Heavy sheep sold to erratic price trends selling from $69 to $140/head. Trade sheep made from $37 to $78/head.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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