Trade lambs remain steady at 517c/kg in markets on eastern seaboard

New season light weight 2 score lambs were firm on 529¢/kg cwt.

At the close of Thursday’s markets, the eastern states restocker lamb indicator was 9¢ higher on where it finished yesterday, averaging 534¢/kg cwt.

  • Merino lambs averaged 464¢, back 4¢/kg cwt, light lambs averaged 479¢, back 1¢/kg cwt, trade lambs averaged 517¢/kg cwt, steady.
  • Heavy lambs averaged 528¢, back 2¢/kg cwt
  • The mutton indicator averaged 309¢, back 3¢/kg cwt

Lamb numbers at Wagga totalled 28,200 head. Quality was good throughout the offering, however slightly lower than week-ago levels.

Heavy lambs were in good supply, with trade lines not as well represented. The usual buyers were present and active.

Sheep consignments almost doubled week-on-week, yarding 15,150 head. Quality was good; with ewes best supplied and weight a notable feature across the offering.

  • Light weight 2 score old lambs to restockers averaged 570¢/kg cwt
  • Trade weight 3 score old lambs to slaughter averaged 536¢/kg cwt
  • Heavy weight 4 score old lambs to processors averaged 527¢/kg cwt
  • Extra heavy weight 4 score old lambs to slaughter averaged 489¢/kg cwt
  • Light weight 2 score Merino ewes averaged 284¢/kg cwt

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