Some good signs at Wagga Wagga

Yarding - 54,000

As warm, dry weather continues across various parts of the supply region, lamb prices have seen an uptick. While the quality of the lambs varied, the majority of both old and new stock was quite good. A notable highlight of the sale was the reduced weight available, and not all buyers participating. Nevertheless, the market gained traction.

Agents mustered a total of 19,550 new season lambs, with competition being particularly strong in both trade and heavy categories. However, many pens exhibited dryness in the wool, though they handled very well. Young trade lambs saw a significant increase, selling for an average of $4 to $11 more as the sale progressed. Trade lambs weighing 20-24 kg fetched prices ranging from $151 to $198, averaging between 790c to 805c/kg. Lambs in the 24-26kg category experienced robust demand, jumping $13 and trading between $200 and $227/head. Heavy young lambs also rose in price, gaining $8 and selling for $218 to $244/head. Lambs over 30 kg sold from $238 to $260, averaging 769c/kg cwt. Store lambs were plentiful, attracting both restockers and feedlots, with the majority selling for $94 to $192.

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Old trade lambs received strong support, with prices fluctuating significantly throughout the sale. Trade lambs in the 20-24 kg experienced significant price spikes throughout the sale, selling from $145 and $195. Heavy old lambs made $190 to $275, while Merino lambs experienced a variable price trend, selling for between $132 and $203.

It was a good quality yarding of mutton with a lot of heavy ewes throughout the offering. The usual buying group were competing in a cheaper market. Heavy ewes over 30kg cwt dipped $18 to $20 making from $84 to $110. Trade sheep sold $2 to $3 easier selling from $54 to $82. Heavy wethers topped at $123 to average 281c/kg cwt.

https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre