Softer outcome at Wagga Wagga
- By: "Farm Tender" News
- Sheep & Wool News
- Apr 12, 2024
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Yarding - 64,000
In the bigger yarding, buyers initially approached the sale with some caution, not all diving in at the outset, despite all the regular buyers in attendance. It took a bit of time for them to find their footing, resulting in significant price fluctuations. Woolly covered lambs were marked down, while buyers eagerly sought after lambs with shorter skins, becoming increasingly willing to pay premium rates as the sale unfolded. Support from feedlot and restock buyers helped underpin the trade market. Overall the sale softened $6 to $10.
In the trade market, prices were fluctuating, with lambs weighing between 20kg to 24kg fetching anywhere from $119 to $169, averaging 655c/kg cwt. Meanwhile, lambs weighing between 25kg to 26 kg sold for prices ranging from $155 to $179/head. Merino lambs ranged from $40 to $160/head Lambs intended for the paddock or feedlots sold for prices ranging from $58 to $144/head
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In the export market, competition was inconsistent, with buyers showing a preference for larger, super-sized types. Prices softened by $5 to $10, with lambs weighing between 26kg to 30kg selling from $168 to $200, while those over 30 kg cwt fetched prices between $196 to $248/head.
Additionally in the mutton sale, not all buyers participated or were present. Buyers interested in heavy sheep aimed to secure stock under 300c/kg cwt, with only a few sales surpassing this mark. Prices for heavy sheep ranged from $67 to $115. Meanwhile, trade sheep faced varying levels of competition, resulting in an average price around 260c/kg cwt.
https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre
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