Farm Tender

Extra tough day at Bendigo as numbers start to build

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Cheaper lamb market as numbers start to build again, with Hamilton in the Western District starting its split markets today. It meant not all the regular buying group was at Bendigo, although most orders were still represented. The sale opened around $10 easier with exporters still showing reasonable support for the best heavy lambs, however by late in the auction prices had dropped by $30 to $40/head. Most affected in the fluctuating market were the plainer runs of light and medium trade and store lambs sized from 18-24kg cwt.

Not a lot of export weight lambs were available, the best 26-30kg cwt young lambs from $190 to a top of $247.50. The best heavy 24-26kg cwt lambs $180 to $211. Where bidding became very selective was on the 22-24kg cwt trades at $160 to $190, and the 20-22kg at $140 to $170/head. Restockers did step into trade lambs lacking fat cover at an average of $151 to the paddock. Most smaller store lambs $90 to $130/head. On a carcass basis the sale showed a wide range of about 680c to 780c/kg.

Sheep prices significantly cheaper by $30 to $50/head amid restricted processor demand, with buyers only willing to offer prices well below what auctioneers pitched for. The majority of sheep sold between $50 to $110, with only the heaviest crossbred ewes above $120 to reach a top of $136. The lack of buying depth meant odd penlots of plain sheep were heavily discounted down to as little as $15

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