Mixed bag on lower supply at Bendigo

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Yarding - 14,650

Big cut to supply due to the cheaper rates of last week, with just 10,000 lambs and 4500 sheep. Quality declined with fresh conditioned young lambs above 24kg hard to find in the yarding which included a lot of plainer trades and stores. Not all the major domestic or export processors operated. Price results were mixed based around quality and weight. The trend of buyers wanting heavier stock with fat cover continued and the best slaughter lambs were $8 to $12 dearer. The middle run of plainer trades in the 20-24kg cwt range were just similar to a week ago to remain in ‘no-man’s land’, not attracting strong processor demand and outside the price point most restockers want to pay. Store lambs under 20kg cwt were up to $10 dearer, the smallest types recording the best gains.

Heaviest young lambs $215 to a top of $250 and the best 24-26kg cwt pens $194 to $206/head. The general run of medium trades varied from $155 to $190. On a carcass basis the auction again had a wide spread of about 680c to over 800c/kg on some kill lambs. Store lambs with frame $120 to $146 to av around $135 and this section did have some better bred crossbred lines this week. Small store lambs $72 to $118 to av $102.

Erratic mutton sale where light and trade sheep rebounded by $10 to $30 per head and more in places, most sales between $55 to $110/head. Little price change for the heaviest crossbred ewes at $110 to $113. Some heavy shorn Merino wethers $137 to $145.

https://www.bendigo.vic.gov.au/Services/Bendigo-Livestock-Exchange