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Competition on both Lambs and Sheep intensified at Bendigo

  • By: "Prime" Ag News
  • Oct 27, 2020

Yarding - 30,000 (-5000).
Lambs - 19,000 (-6000)
Sheep - 11,000 (+1000).

Reduced yarding of 19,000 head, comprising nearly all woolly young lambs with just a few pens of shorn young lambs and older stock available. Competition from meat buyers intensified and exporters led the market to a much dearer result compared to a week ago. Heavy lambs gained up to $20 while most of the trade and lighter young lambs improved by $8 to $12/head. The sale also gained momentum as it progressed, as news filtered through of smaller numbers at NSW saleyards due to some big rain events. The dearer rates pushed Ballarat restockers out of the market for trade weight lambs to shear. There was still store buying for smaller lambs under 20kg cwt, with pens sold to Echuca, Shepparton, Bendigo, Wycheproof and Yarrawonga agents.

The heaviest young lambs over 30kg cwt sold from $235 to a top of $256/head for an average of 750c/kg cwt. The heavy 26 to 30kg cwt lambs attracted both export and domestic competition and sold from $202 to $240 to average $220/head. The next size down, 24 to 26kgcwt, made from $189 to $207 to average $198/head. These grades went to 770c to 780c/kg. There was sales recorded above 800c/kg for the neatest domestic pens, with the pick of the 22 to 24kg young lambs sold from $180 to $195/head. Overall, the bulk of the lambs to processors were in a range of 750c to 800c/kg cwt. There was some very strong sales of small lambs to the paddock.

Competition for mutton also ramped up, with a northern exporter again dominating. Good lines of trade and heavy mutton were $12 to $19/head dearer, with all grades of Merinos and crossbred sheep averaging over 600c/kg cwt, the best lines up around 660c/kg. There was sales topped 700c/kg cwt at times as buyers struggled to fill orders. A stand out pen of extra heavy Merino ewes in full wool topped at $265/head. Most heavy ewes made from $180 to $238 with plainer sheep making from $120 to $150/head.

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

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