Farm Tender

Major domestic processors were cautious at Wagga Wagga

Yarding - 45,000 (-9500)
Lambs - 36,000 (+6000)
Sheep - 9000 (+3500)

Lamb numbers increased on the back of last week dearer trends. Quality was mixed with lambs to suit all buying categories. Trade weight lambs 21 to 24kg were in limited supply whilst heavy lamb classes were well supplied with most grain assisted. It was almost a reduced field of buyers and not all operated to capacity. Feedlot and restocker competition was selective this week with buyers looking to avoid older types.

In the trade market, major domestic processors were cautious, avoiding off types and longer wool lambs. Lambs weighing 22 to 24kg were unchanged to $1/head easier averaging around 801c/kg cwt. Merino trade lambs sold to a small group of buyers and all categories sold to softer trends to average 708c/kg cwt. Young lambs returning to the paddock and to feed on ranged from $130 to $230/head.

There was a smaller field of export buyers in attendance and not all were operating fully. Heavy lambs 24 to 26kg sold to erratic demand averaging 791c/kg cwt. Extra heavy lambs 26 to 30kg gained momentum as the sale progressed to average 762c/kg cwt. Lambs over 30kgcarcase weight sold to erratic competition with prices varying greatly from sale to sale. The general trend was $7/head cheaper to 717c/kg cwt.

It was an improved quality yarding of mutton, with heavy sheep in good supply. Heavy mutton averaged 649c/kg. Trade sheep were $3 to $11 dearer selling from $131 to $173/head

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