Numbers increased this week at the South Eastern Livestock Exchange, Yass, with a total yarding of 16,758, which comprised of 7,029 sucker lambs.
Usual buyers were in attendance, with the exception of one domestic processor, although not all buyers operated to full competition.
A lack of weight in new season lambs resulted in varied competition for some processors.
Higher prices towards the end of last week could be a reason for the larger contingent of store lambs between the 38kg – 45kg mark.
Heavy new season lambs topped at $148, to average $113 – $7 cheaper than the previous week. A lack of quality store lambs was evident, with local agents and re-stockers unable to fill required orders.
Once again the mutton market was the shining light. Wethers remained firm. Merino ewes averaged $8 more than the previous week, so to with crossbred ewes averaging $12 more. The increase in mutton prices can be attributed to the added competition from re-stockers seeking sheep to utilise the spring feed, as the store lamb market increases in price.
Market Report: Sam Hunter, Landmark
SELX MARKET REPORT | ||
SHEEP & LAMB SALE | ||
Sale date: | 02.11.2016 | |
Yarding | 16,758 | |
Category | $ / Hd | |
Suckers | Top | $148.00 |
Aver | $113.44 | |
Lambs | Top | $150.00 |
Aver | $99.56 | |
Lambs Merino | Top | $106.00 |
Aver | $80.54 | |
Hoggets | Top | $120.00 |
Aver | $89.25 | |
Wethers | Top | $124.40 |
Aver | $89.15 | |
Ewes XB | Top | $145.00 |
Aver | $98.44 | |
Ewes Merino | Top | $115.20 |
Aver | $87.13 |