Lamb price lifts at Bendigo on the back of reasonable rainfall
- By: "Farm Tender" News
- Ag Tech News
- Nov 26, 2018
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Yarding - 37,000 (-3,000).
Lambs - 25,000 (+1,000).
Sheep - 12,000 (-4,000).
Lambs continue to flow into Bendigo, with another 25,000 yarded, up 1,000 head on a week ago. Quality was again mixed, with some good first-draft young lambs from southern grazing areas leading the market ahead of many drier skinned types showing the effects of the season. Processors were selective with their bidding and continued to favour the newer conditioned lambs, which led to some erratic results at times. The sale also gained momentum late in the auction. Prices were dearer on the best heavy lambs amid limited supplies, while results for the general run of trade weight lambs were solid and within a few dollars of last week. The standout performers were light weight lambs, as NSW agents from Forbes, Griffiths and Lake Carjellico came south after rain. Some of the bigger lines of young store lambs in the 12-16kg weight bracket lifted by up to $15/head.
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A few pens of export weight young lambs sold from $209 to a top of $216/head. The heavy trade weight crossbred lambs weighing 24-26kg, sold from $174 to $194 to average approximately $174/head. The next size down at 22-24kg, made from $152 to $174 to average $164/head. There were many drier lambs in the 18-21kg cwt category, which mainly made from $130 to $150/head. On a carcase basis, most sales to processors made approximately from 660c to 710c, with some sales of quality young lambs pushing higher late in the market, making close to 740c/kg cwt. Demand for store stock was very strong, particularly for bigger pen lots of small lambs in the 12-16kg cwt category, averaging $112/head to the paddock at much dearer carcase prices compared to a week ago. Most lambs to restockers varied from $100 to $132/head depending on size.
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The sheep yarding comprised mainly ewes of all descriptions, with only limited Merino wethers available. Processor competition for mutton was erratic and price results were mixed, even across sheep of similar weight. Heavy first cross ewes sold to $166/head and they were among the best supported of the sale, thanks to northern abattoir support. Heavy Merino ewes sold to $138 and wethers made to $140/head. An estimated price spread of 360c to 420c/kg cwt covered most of the better mutton. Odd lots and Dorper sheep were discounted.
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