One lamb price category to register an increase in supply last week was Merino wethers, with an additional 12% offered – with the average price slipping $14/head, to $134/head.
The national sheep flock is set to enter a significant rebuilding phase in 2021 on the back of improved seasonal conditions in key sheep production regions of eastern Australia, according to Meat & Livestock Australia’s 2021 Sheep Industry Projections released this month.
The AWEX Eastern Market Indicator climbed 17c on Tuesday, 23c on Wednesday and a further 3c on Thursday to close out the selling week at 1,318c/kg, or 1,022c in US dollar terms.
Across the lamb categories, first cross and Merino ewe lambs jumped $20/head and $26/head, from the previous week, averaging $250/head and $209/head, respectively.
The AWEX Eastern Market Indicator dropped 11c on Tuesday and a further 1c on Wednesday to close out the selling week at 1273c/kg, or 985c in US dollar terms.
On several properties in the last couple of months, owners and managers have discovered quite a few big, fat, previously healthy British breed cross ewes that are either dull and sick or dead.
The physical wool market steadied last week, which was also reflected on the AuctionsPlus offer board with demand remaining high for fine wools while other categories have relaxed.
Sheep and lamb markets across Australia finally got back into their normal routine last week, after the last six weeks of holiday disruptions and ad-hoc January trading.
Peak woolgrower representative body, WoolProducers Australia (WoolProducers) has clarified there has been no official increase in the award for shearers and shed hands.
Highlights this week saw two lines of Jul/Aug 20’ drop Australian White ewe lambs from Condobolin NSW, weighing 54kg and station mated to Australian White rams return $601/head.
Another strong week for physical auctions as the AWEX Eastern indicator rose for its third consecutive week increasing 72c on Wednesday and a further 17c on Thursday to close the week at 1291c/kg greasy or 985c/kg in US dollar terms.