Small green shoots at Bendigo

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Yarding - 15,250

Fewer lambs at 10,950 head, 2000 less than a week ago. There was also a modest cut to sheep supplies down to 4300 head. About 50pc of the lamb offering was new season stock and quality was very good with most pens showing plenty of freshness and carcass finish. All the major domestic buyers operated and created a dearer market of $5 to $12/head over the neat trade young lambs. The heaviest young lambs sold at similar rates to a week ago. The stronger competition flowed into the old lamb section where any shorn lambs showing weight and quality were $6 to $10 dearer. There was, however, still flat spots in the market for secondary lambs or clean-up winter lots in rough skins.

The heaviest new season lambs $130 to a top of $154 with the main run of crossbreds in the 26-30kg range estimated at an average of 505c/kg cwt. The keenest bidding was for young lambs sized from 20-26kg cwt and these trended from 540c to 560c/kg cwt, making $115 to $143. At times there was neat trade lambs that made similar dollar per head money to much heavier pens. A few more lightweight young lambs were offered and were dearer to restockers at $31 to $76. Light Merino young lambs $24 to $40/head.

A stand-out pen of extra heavy old lambs weighing in excess of 38kg cwt topped the market at $160. Most heavy lambs $130 to $155 at a ballpark cost of 440c to 480c/kg cwt. Best old season trade lambs $10 to $137, with discounting still evident for plainer and mixed lots at $70 to $100. Lightest lambs $18 to $40.

The sheep sale averaged out similar for heavy sheep at $40 to a top of $77 for big ewes. Light and trade sheep gained some price ground in places and the general run sold from $20 to $40. Most mutton was estimated between 120c to 180c/kg cwt

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