Lamb prices rise at Wagga Wagga

Yarding - 53,000

This week saw a mixed quality yarding of 41,000 lambs and 16,000 sheep, including a total of 8,250 Merino lambs. Buyers focused on neat shorn lambs across all categories, with these lambs fetching premium prices. Domestic buyers and niche butcher orders contributed to an increase in trade prices, while lambs weighing 26 to 30 kg were highly sought after also.

In the trade market prices improved as the sale unfolded and example of this was a single run of 1014 shorn lambs weighing approximately 24kg selling for $194. The bulk making from $162 to $204/head. Store buyers and feedlots continued to support trade and lighter weight classes. With lambs to feed on selling from $134 to $185, while store lambs well-bred ranged from $114 to $165/head. Merino lambs were once again in high demand, with even the plainer types attracting attention. The better presented trade types trading between $125 to $184. Heavy Merino lambs $195 to $223.

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In The export sale prices lifted as the sale progressed with grain assisted lambs in a short skin enticing buyers to step up. Prices lifted $7 to average 732c/kg cwt. Lambs over the 30kg cwt sold from $215 to $279 averaging 709c/kg cwt.

It was a very mixed yarding of mutton with a lot more plain sheep in the offering. It was a market that fluctuated around weight and fat cover. A northern processors was the market driver from 28kg cwt and above. Prices softened over most weight categories $8 to $19. Heavy mutton averaged 333c to 404c/kg cwt. Trade sheep averaged 325c to 386c/kg.

https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre