Big prices gains across the board at Wagga Wagga

Yarding - 62,000

On the back of last weeks dearer market numbers lifted for both sheep and lambs. The standout of the yarding was the lack of weight with agents offering very few lambs over 26kg cwt. This set the stage for a robust market with price spikes of $10-$20 common. Many lambs including light lambs broke the 1000c/kg barrier. Store buyers were back and prepared to up the ante against processors for lambs under 19kg cwt. This set the stage for a volatile sale.

In the trade market any lambs that were shorn and had plenty of shape regulary pushed through the 1000c/kg cwt barrier. Lambs 22-24kg sold from $178-$244 averaging 935c/kg . The most erratic part of the sale was the light lambs with prices soaring as restockers clashed with processors. Prices ranged anywhere from $96-$180/head.

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Store lambs that had some breeding and frame sold at $112-$167/head. On the export front heavy lambs were scarce and it resulted in prices lifting up to $23. It must be noted export buyers dropped their weights to try and fill loads with one major export processors buying lambs that weighed 24-26kg cwt. Heavy lambs made from $257-$306, while over 30kg cwt topped at $322 to average 977c/kg cwt.

Meanwhile the mutton market came under pressure with a few extra processors wanting heavy sheep. This resulted in prices jumping $28-$37 to average 481c/kg. Trade sheep made from $73-$128/head.

https://wagga.nsw.gov.au/business-investment/council-businesses/livestock-marketing-centre