No relief at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Apr 19, 2024
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The market saw a decline in numbers, despite no sale the following week due to the Anzac public holiday. Notably, both export and domestic buyers were missing from the sale, particularly those who typically acquire lambs for the Middle East market. There was a significant drop in the overall quality this week, with nearly half of the available stock classified as secondary types.
In the trade sale, major domestic buyers took centre stage, striving to secure all the better-presented trade lambs. Top-quality trade lambs commanded prices above 700c/kg cwt, while plainer types struggled to maintain their value. Lambs weighing between 20kg to 24kg fetched prices ranging from $115 to $168/head, with good lambs averaging 680c/kg cwt. Heavy trade lambs sold for $158 to $174/head. Store lambs sold from $60 to $115/head and lambs to feed on made from $115 to $135/head. Light lambs to the processors saw a marked decline of $20 to $40/head.
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In the heavy export sale, there was a noticeable absence of large quantities of grain-assisted lambs compared to previous weeks. Lambs weighing between 27kg to 30kg sold for $168 to $195, averaging around 624c/kg cwt. Lambs over 30kg were in high demand, fetching prices ranging from $192 to $248.
The sheep sale saw a very mixed offering and not all potential buyers were present. Overall, the atmosphere was relatively subdued in terms of bidding, except for when it came to the top pens of Merino Wethers and crossbred ewes. Prices experienced a decline, dropping by $10 to $15/head on average. The highest bid was for Big Wethers at $110, while heavy crossbred ewes fetched prices ranging from $75 to $100, with the majority selling for under $95/head.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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