Lively bidding at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Dec 08, 2023
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The Wagga lamb market was lively, with a large turnout of lambs and sheep. The quality of the stock was very good, except for some lighter weight categories. The processors from NSW and Victoria were locked in a fierce battle to secure the lambs with some weight and finish. The major domestic buyers also joined the fray, pushing the heavy trade prices significantly higher.
In the trade market, the prices kept increasing as the sale progressed, with all buyers keen to buy the better presented lambs. Even the secondary types attracted strong competition, as buyers tried to top and tail their loads to acquire numbers. Trade lambs 22 to 24kg sold from $130 to $195, averaging around 640 to 763c/kg cwt. Restockers were also present, with orders from local and interstate areas. The prices for these lambs varied depending on how well bred they were. Lambs with frame and cover sold from $50 to $109, with a large portion destined for feedlots.
In the export market, the bidding was electric, with all companies trying to secure lambs with weight. The prices escalated as the sale progressed, with lambs over 30kg cwt recording a top price of $270. Price jumps of $20 to $30 were common throughout the sale with buyers paying premiums for the shorn portion. The next run of lambs 26 to 30kg made from $175 to $219, averaging 706c/kg cwt
The mutton market was varied, with all weight and grades on offer. There was very strong demand for trade sheep, with buyers engaging in long bidding duels. The better trade sheep sold from $40 to $70. Heavy sheep also attracted a lot of attention, mainly from two NSW buyers. The competition was strong, and heavy mutton ranged from $75 to $111 to average 250c to 292c/kg cwt.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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