Light, trade and heavy lambs all increase in price as buyer interest rises

Forbes-5

Trade weight 3 score lambs to slaughter were 6¢ dearer on 511¢, while the 4 scores gained 5¢ to average 531¢/kg cwt.

At the close of Tuesday’s markets the eastern states restocker lamb indicator increased 2¢ to 549¢/kg cwt.

Merino lambs lost 2¢ to 495¢/kg cwt, light lambs were up 8¢ to 526¢/kg cwt, trade lambs were up 3¢, to 537¢/kg cwt, heavy lambs increased 5¢ to 534¢/kg cwt and the mutton indicator was 8¢ dearer on 311¢/kg cwt.

There was an increase in overall sheep and lamb numbers at Ballarat, with 28,132 head yarded. Heavy weight lambs were well supplied and sold to more interest.

  • Light weight 2 score lambs to restockers were 22¢ higher on 546¢/kg cwt
  • Trade weight 3 score lambs to slaughter were 19¢ dearer on 561¢/kg cwt
  • Heavy weight 3 and 4 score lambs to slaughter ranged from 509¢ to 567¢kg cwt
  • Extra heavy weight 4 score lambs to slaughter were unchanged on 502¢/kg cwt
  • Medium weight 3 score Merino lambs lifted 8¢ to average 316¢, while heavy weight 3 and 4 score first cross ewes eased 5¢ to 7¢ to average around 270¢/kg cwt

Numbers lifted to 32,850 head of sheep and lambs at Forbes. The market started off well, however weakened as the sale progressed.

  • Trade weight 3 score lambs to slaughter were 6¢ dearer on 511¢, while the 4 scores gained 5¢ to average 531¢/kg cwt
  • Heavy weight 4 score lambs to slaughter lifted 14¢ to settle on 545¢/kg cwt
  • Extra heavy weight 4 score lambs to slaughter gained 5¢ to 524¢/kg cwt
  • Light weight 2 score Merino ewes lifted 24¢ to 350¢, while medium weight 3 scores increased 16¢ to 347¢/kg cwt

http://www.mla.com.au/Prices-markets/Market-news/Wednesday-daily-sheep-summary-24022016