fbpx

Bendigo Sheep Report

All data provided by 
Meat & Livestock Australia Saleyard Reports

Get MLA reports on your phone

Report Date: 15th April 2024

Total Yarding: 21,150

Commentary

A demand issue impacted the market today with reports air-freight to the Middle East has been disrupted by the latest Iran and Israel conflict. Lighter weight and MK ‘bag lambs’ were $20 to $40/head cheaper with regular processing orders not operating. Plainly presented trade lambs under 24kg cwt also cheapened by $15/head. Heavier slaughter lambs, including the big fed exports over 30kg cwt destined for other markets like the US, held their value better to be $6 to $10/head softer. The mutton market was also weaker, the heaviest sheep down to $10 to $15/head compared to a week ago while leaner trade types eased $5/head. Overall the sale today was erratic and with a cheaper tone over everything, plainer and light lambs under 22kg cwt the most affected.

There was a good run of heavy export lambs in this yarding and the over 30kg cwt crossbreds sold from $186 to a top of $236 to be costing a ballpark 640c to 650c/kg cwt. The heavy 26-30kg cwt lambs sold from $156 to $195, and the heavy trades from $147 to $160/head, these categories averaging between 615c and 640c/kg cwt. The toughest part of selling for auctioneers was plainer lambs under 22kg cwt. The 18-22kg lambs mostly $90 to $128 as carcass rates dropped. One local agency did step-in and buy bigger lambs to feed on as cost went below 600c/kg. Light lambs under 18kg cwt mostly $40 to $90/head. There was one stand-out sale of late drop little shorn store lambs, October born, which sold strongly to match recent price levels.

In the mutton run buyers were reluctant to pay over $100 regardless of weight, heavy crossbred ewes $75 to $95. Some Merino ewes in high value skins topped at $110. Leaner trade sheep were judged to have sold reasonably well in comparison to the heavier types at $50 to $78 for most.

Market reporter: Jenny Kelly

LambEx 2024 Register Now

Get MLA reports on your phone
CBH Fertiliser

Get MLA reports on your phoneLamb marking products on sale

Buying sheep in Victoria?

Check out what's for sale on the the Agora Livestock Marketplace