Significant price gains for both Lamb and Mutton at Bendigo
- By: "Farm Tender" News
- Ag Tech News
- Mar 25, 2019
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Yarding - 16,454 (-5284).
Lambs - 10,757 (-2890).
Sheep - 5697 (-2394).
Further reduction in numbers, with 10,757 lambs and 5,697 sheep yarded. Several buyers who had been quiet recently showed more interest in securing numbers, leading to a dearer market across all categories. The heaviest lambs, which had been discounted in the past fortnight, were up to $30 dearer while the general run of tradeweight lambs gained $5 to $10/head. A highlight was demand for any well bred and finished light and medium weight domestic lambs which pushed over 700c/kg cwt at times. Significant price gains were also evident for mutton, with heavy ewes lifting by up to $30/head.
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Heavy export lambs over 30kg cwt sold to $208 with four pens over $200/head. As a comparison, similar sized lambs a week ago reached just $184/head. The main run of heavy crossbred lambs, 26-30kg cwt, sold from $174 to $201 to average around $185/head. The next category down, 24-26kg cwt, made from $166 to $178/head. These heavy lambs were trending around 650c/kg cwt. Competition between buyers was keenest on trade weight lambs. The best run of 22-24kg cwt crossbred lambs made from $155 to $175/head at an estimated 670c to 680c, some pens over 700c/kg cwt. The pick of the light domestic lambs, 18-20kg, sold to $145/head, however they had to show good shape and finish to be at this money. Plainer light lambs mostly $120 to $138/head. The supply of quality small lambs remained very tight, and values for any suitable MK export stock did improve.
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Bidding for heavy mutton was at much higher levels than the past fortnight. Heavy crossbred ewes $148 to $178, and Merino ewes $120 to $176/head. The main runs of heavy Merino ewes were estimated at 480c/kg cwt. The only soft spot in the market was for very plain and light sheep, showing the affects of the drought, which were cheaper in places.
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