Report Date: 29th November 2023
Total Yarding: 55,000
Commentary
Hamilton agents yarded 55,000 lambs this week representing a significant increase of 7,000. Despite the lift in numbers on offer the quality was excellent overall displaying both freshness and more weight. The was a tail of immature lambs showing dryness. A full field of processors were present and most were fully active. Both supermarket chains operated along with restockers and feeder buyers that were fully visible. As a result, the market was stronger over most categories as the sale progressed to be $10 to $15/head dearer which was more evident for the heavier lambs over 26kg.
New season lambs sold to $195/head with most of the new season lambs to the trade realizing between 520 and 620c/kg cwt. Light 12 to 16kg new season lambs sold from $45 to $115/head with the 18 to 22kg selling between $95 to $148/head and the 22 to 26kg lambs making from $116 to $167/head. Well presented shorn trade lambs 18 to 26kg were realizing approximately 480c/kg cwt with the top lambs making $120/head. Hoggets topped at $85/head.
Market Reporter Chris Agnew