Naracoorte Sheep Market Report

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Report Date: 23rd July 2024

Total Yarding: 6,450

Commentary

Biggest yarding for some weeks at Naracoorte as the higher prices this July flushed out 5890 lambs. Boosting the numbers was a couple of bigger lines of crossbred lambs off grain. The market was cheaper than a week ago, agents advising a drop of $20 to $30/hd across most categories despite a better quality line-up. The usual buyers operated but just showed less intensity and willingness to chase the market.

Export lambs sold to a top of $262/hd, with most of the lead runs above 24kg cwt from $190 to $248/hd. Medium and light trade lambs from $148 to $185/hd. There was a lot of light and mixed lots of wintery lambs, often in pen sizes of less than 20 head, which varied from $70 to $135. The lowest price was $23.

It was a restricted run of sheep and the heaviest ewes were cheaper while trade and light mutton held their value better. Heavy Merino ewes topped at $135 while crossbreds sold to $128. Balance of the sheep $54 to $120/hd.

Report compiled remotely by Jenny Kelly.