Lamb bidding waxed and waned at Bendigo

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Yarding - 27,600

Numbers lifted to 18900 lambs and 8700 sheep - mutton supply more than double last Monday- as conditions dry out and farmers move to take advantage of the improved market. There was a good line-up of heavy lambs while quality over the trade and light lambs was more varied. All the regular processing orders were represented although some buyers weren’t fully active. The lamb market lost some of last week’s big price gains, and the feel from the market was it was trying to find its level. Bidding did wax and wane across the auction, and the best presented shorn crossbred lambs received the most support. Buyers were more reserved on any woolly lambs.

The heaviest shorn crossbred lambs over 30kg cwt sold from $207 to a top of $260/hd to record estimated averages of 700c to 720c/kg cwt. There was export weight Dorper lambs, and heavy unshorn young lambs, which sold in a range of 650c to 700c/kg showing how buyers were able to exert more selection pressure on this sale compared to a week ago. The main run of heavy shorn lambs, 26-30kg, sold from $179 to $213, followed by the heavy trades, 24-26kg cwt at $159 to $188, and the 22-24kg trade types from $146 to $169/hd. While there was still isolated sales of neat trade lambs up to around 780c/k, the bulk of the lamb categories to processors were trending from 670c to 730c/kg cwt. Any decent light lambs were mostly $70 to $136, with restocking support from Horsham and the local area.

The sheep market gained momentum with heavy ewes pushing over $124 on multiple occasions. Good mutton was trending either side of 300c/kg cwt. Heaviest Merino ewes in a high value skin to $124 and big crossbred ewes to $110. Most sheep $60 to $90, with light ewes selling for some of the highest c/kg rates of the mutton sale.

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