Restocker Lamb orders lift at Bendigo

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Yarding - 30,000

Much bigger yarding of 30,000 lambs and sheep as flooded roads start to reopen. Quality and weight in the young lambs improved on a week ago and buyer demand also stepped up as the wet weather continues to disrupt the usual flow of stock. Good processing young lambs were $5 to $10 dearer with the strongest demand shown for pens weighing above 24kg cwt. However competition for the middle run of trade lambs remained selective and prices for these fluctuated to be just similar to last Monday. A lot of trade lambs in the 20-24kg range didn’t handle well, lacking consistent finish and fat cover. Restocking orders were active from Ballarat, Horsham and the local north-east area. There was a large price spread in dollar per head terms for lambs to the paddock, ranging from $100 for small types to up to $195 for trade weights to shear.

Buyers were keen for lambs with weight today the heaviest young lambs over 30kg cwt from $250 to $272 to average $261/hd. The 26-30kg cwt types recorded some strong outcomes with the major domestic buyers also operating in this section at $220 to $261 to average $237. The best 24-26kg cwt young lambs $196 to $217. This was followed by the general run of trade weighted lambs at $155 to $190. The estimate for the best young lambs with weight was 800c to 850c/kg cwt, while plainer trade lambs were at 760c to 800c. In the store run the volume purchases were in the 18-20kg cwt lambs at $130 to $158 to av $140.

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