Lots over $300 at Wagga Wagga

Yarding - 52,000

The old adage of supply and demand was evident in a smaller yard with 39,000 lambs and 12,000 sheep. The highlight of the sale was the export market, with numerous sales exceeding $300. Big heavy lambs saw a $20 jump, selling between $270 and $320. Lambs in the 26-30kg range were in the spotlight, trading from $230 to $291.

Southern processors once again drove the market across trade weight categories as supplies further south dried up. Trade lambs improved by $12 to $20, with heavy trade lambs selling at $220 to $248. Trade lambs weighing 20 to 24kg ranged from $158 to $220, averaging 876c/kg cwt. Merino lambs were in high demand, selling from $156 to $196, while the heavier portion ranged from $200 to $258. Merino hoggets experienced a wild price ride, selling between $147 and $176, while crossbreds sold from $145 to $177. There was little action from feedlots and restockers, with prices ranging from $73 to $165.

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It was a very mixed quality yarding of mutton with most buyers trying to operate in a very dear market. Heavy sheep sold from $130 to $190 to average 468c/kg cwt. Trade and light sheep were well supplied and all buyers stepped up for a market share, sending prices $10 to $24 higher. Prices ranged from $91 to $135 averaging 478c to 513c/kg cwt.

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