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Lamb Supplies Drop at Australia Saleyards

30 January 2015
Meat & Livestock Australia

UK - Lamb throughput at Wagga declined 9 per cent week-on-week, to 21,000 head, and quality was very good across trade and heavy weight categories.

Restockers were active on plainer quality lambs lacking finish, report market analysts at Meat and Livestock Australia (MLA). Trade lambs were in shorter supply, and well-conditioned lines were keenly sought after by processors, while good numbers of extra heavy lambs were penned.

Light weight 2 score lambs declined 46¢ on 567¢, while 3 score trade weight lambs were up 25¢ and averaged 580¢/kg cwt. Heavy weight 3 score lambs lifted 19¢ on 588¢, and extra heavy 4 score lambs gained 3¢ on 577¢/kg cwt.

Sheep consignments were 31 per cent lower, at 7,600 head, and medium weight Merino ewes were well-supplied. There were good numbers of heavy weight lines on offer, although prices were lower due to a major processor not operating fully. Medium weight 3 score Merino ewes lifted 3¢ and averaged 334¢/kg cwt.

At the close of Thursday’s markets, the eastern states restocker lamb indicator fell 6¢ on 544¢/kg cwt. Merino lambs lifted 1¢ on 512¢, while light lambs remained unchanged on 546¢/kg cwt.

Trade lambs were up 5¢ on 554¢, and heavy lambs were 3¢ dearer on 565¢/kg cwt. The mutton indicator finished 7¢ higher on 357¢/kg cwt.

 

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