Heavy new season lambs top at $148 and mutton rises

yass-lambs-1

Mark (left) & Roger (right) Rayner, of Willowview, Yass with Phill & Lucas Butt. Butt Livestock & Property sold 100 XB suckers to a top of $136ph.

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