Mutton as low as 60c/kg at Bendigo

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Yarding - 25,000

Numbers lifted as the spring sell-off starts to build, with 19,000 lambs and 6000 sheep. New season lambs made up half the lamb run and quality was very good. Prices did ease although the market generally held up better than most people had anticipated. New season lambs eased $3 to $10, with fresh trades in the 20-23kg range holding their value the best. Best old season lambs eased $3 to $7/head.

Young lambs over 28kg cwt from $132 to a market top of $150/head. After this the sale consistently trended between $105 to $130 over all the main trade and heavy categories. The price spread for young lambs was 450c to a peak of around 530c for ideal supermarket types, which meant most processing categories were holding averages of 470c to 495c/kg cwt. Restocking activity is starting to improve with orders from Swan Hill, Ballarat and the local north-east active at $40 to $69 over the bigger lines of young crossbred store lambs. Small Merino lambs $26 to $50/head.

There was some very neat old season lambs presented in among rougher clean-up lots. Heaviest old lambs to $155 with most lambs with weight from $125 to $140/head. There was some variance in trade weight lamb results depending on quality at $60 to $120/head. The better presented old lambs were estimated as costing from 400c to 460c/kg for most.

Some meat buyers did not follow onto the mutton run amid reports they are booked-out. Sheep prices were cheaper as rates were re-aligned to the lower rates evident at northern markets late last week. The majority of the yarding sold from $20 to $40/head regardless of weight. There was a big line of 500 plus crossbred ewes which did attract restocking support but eventually sold to a meatwork at $54/head. On a carcass basis most sheep were estimated between 60c to 150c/kg cwt.

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