Report Date: 16th May 2022
Total Yarding: 11800
Smaller offering of both lambs and sheep after last week’s cheaper market and wet weather. Well finished prime lambs were in limited numbers with many pens lacking consistent finish and fat cover. The sale opened $10 to $15 dearer for quality trade and domestic lambs and gained momentum as it went with latter sales in the market up to $30 dearer.
A contributing factor was reports no ships were able to sail from Tasmania on the weekend due to bad weather leaving some processors short of stock. Buyers also remarked on tighter numbers of lambs at northern saleyards in recent days following widespread rain. However plainer domestic and light lambs didn’t record much price change with buyers still selective around carcass finish and presentation. The better bred lines of genuine store lambs were dearer.
Heavy export lambs sold to $284 with the majority of sales from $235 to $265/head at an estimated cost of 775c/kg cwt to processors. Prices for heavy 26-30kg cwt lambs were buoyed by domestic competition and they sold from $215 to $239/head at a ballpark 780c to 810c/kg cwt. Some strong sales of heavy trade lambs in the 24-26kg cwt range at up to $221/head helped push price averages above 800c/kg. Neat 22-24kg cwt lambs recorded some of the best carcass price averages of the sale at 830c to 840c/kg. Plainer domestic lambs mostly $155 to $185/head varying from 700c to 800c/kg depending on weight, breed, quality and number in a pen. Small lambs mostly $90 to $125/head.
The sheep market was significantly dearer on limited numbers. Heavy crossbred ewes sold to $231/head and were estimated over 600c/kg cwt. The general run of Merino ewes $160 to $210/head in an estimated range of 600c to 680c/kg cwt. Some well finished trade weight Merino wethers were estimated in excess of 700c/kg cwt.
Market reporter: Jenny Kelly.