Farm Tender

Significant reduction in supply at Wagga Wagga

Yarding - 25,900 (-24,100)
Lambs - 22,000 (-19,000)
Sheep - 3900 (-5100)

Numbers almost halved this week on the prediction of rain. Quality across trade categories dropped away under 22kg, with many longer wool lambs requiring more finish. Lambs weighing 26 to 30kg sold to stronger bidding mostly due to the significant reduction in supply this week. Lambs estimated to weigh more than 30kg were in good numbers, with most buyers contesting for a market share. A full field of buyers were in attendance with local restockers operating along with feedlot buyers on the younger types.

In the trade market, bidding was stronger from all southern companies. Lambs weighing 22 to 24kg gained $16/head with some impressive sales from niche domestic processors, with the bulk averaging 882c/kg cwt. Merino trade lambs sold to a smaller group of buyers and most categories showed stronger trends to the previous sale. Merino trade lambs 22 to 24kg improved $2 to average 756c/kg cwt, while young lambs to feed on through the winter months sold from $174 to $212/head.

There was the usual field of export buyers in attendance, however not all were fully operating. Heavy and extra heavy lambs sold to stronger demand from both domestic and export processors. Heavy 24 to 26kg lambs sold $13 dearer to average 854c, while the 26 to 30kg lambs gained $11/head to average 778c/kg cwt. Extra heavy lambs over 30kg were keenly sought after with some exceptional sales of up to $310,while the bulk sold from $230 to $300/head. Extra-heavy Merino lambs made from $192 to $230/head.

It was another mixed quality yarding of mutton, with heavy sheep in reasonable numbers. Not all buyers participated across heavy or trade categories. Heavy ewes were sold mostly to one major northern processor. Heavy ewes made from $171 to $238/head to average 611c/kg cwt. Heavy wethers sold from $174 to $220/head averaging 661c/kg cwt. Trade sheep sold to dearer trends to average 642c to 672c/kg cwt.

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