Market kicks with some good signals at Wagga Wagga
- By: "Farm Tender" News
- Ag Tech News
- Jul 30, 2020
- 1528 views
- Share
Yarding - 32,250 (+6520).
Lambs - 30,000 (+8000).
Sheep - 5250 (-1750).
Lamb supplies increased and new season lamb numbers jumped up to 6,000. Quality was excellent over trade and heavy lamb categories, with most lambs grain assisted or finished off crop. Heavy and extra heavy lambs’ numbers were similar with plenty of lambs weighing in excess of 30/kg carcase weight. Restocker activity was minimal. A full field of buyers were in attendance and all were operating.
Despite not all major domestic buyers operating fully, the trade market gained traction particularly for lambs weighing between 21 and 24kg. New season lambs, 21 to 22kg, gained $16 making from $170 to $184/head. Prices for old trade were buoyant due to a few more orders in place. Lambs, 21 to 24kg, sold from $164 to $186/head, with the bulk averaging from 750c to 777c/kg cwt. Merino trade lambs sold to a bigger group of buyers and all categories sold to solid competition to average from 670c to 696c/kg cwt. Lambs to restock and feed were in short supply making from $129 to $165/head.
There were a few more processors at the rail along with some domestic processor competition occasionally. Heavy and extra heavy lambs bounced $9 to $10/head. Lambs, 26 to 30kg, sold from $170 to $198/head to average 632c/kg cwt. Lambs weighing in excess of 30kg cwt were keenly sought selling at $186 to $236/head averaging 591c/kg cwt.
It was another good quality yarding of mutton with heavy sheep well supplied. Heavy ewes sold to strong demand lifting $13 to $17/head to average 547c/kg cwt. Heavy wethers were in reasonable numbers averaging 560c to 594c/kg cwt. Trade sheep were limited averaging 590c/kg cwt.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
Share Ag News Via