On the rise at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Jun 07, 2024
- 1051 views
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Yarding - 46,000
In the smaller yarding, buyers at the onset stepped up jumping prices $10 to $20. It took a bit of time for them to find their footing, resulting in some sales significantly higher. Lambs with shorter skins, in all categories were highly sought after, with buyers paying premium rates as the sale unfolded. One of the highlights of the sale was Merino lambs who were elevated to a premium level. Heavy Merino lambs ignited the bidding peaking at $218, while trade lambs topped at $173//head. Support from feedlot and restocker buyers helped underpin the trade market.
In the trade market, prices were surged, with lambs weighing between 20kg to 24kg fetching anywhere from $138 to $205, averaging 723c to 750c/kg cwt. Meanwhile, lambs weighing between 25kg to 26 kg sold for prices ranging from $177 to $205/head averaging 750c/kg cwt. Merino trade lambs ranged from $130 to $173/head. Lambs intended for the paddock or feedlots sold for prices ranging from $56 to $150/head
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In the export market, competition was very strong, with buyers showing a preference for lambs 26kg to 30kg. Prices lifted by $13, with lambs weighing between 26kg to 30kg selling from $184 to $221, while those over 30 kg cwt fetched prices between $216 to $279.20/head.
Additionally in the mutton sale, all buyers participated and eager for a market share. Buyers interested in heavy sheep aimed to secure stock from 390c to 435c/kg cwt. Prices for heavy sheep ranged from $$116 to $171/head. Meanwhile, trade sheep faced varying levels of stronger competition, resulting in an average price around 387c to 418c/kg
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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