Price variatiions at Wagga Wagga

Yarding - 68,258

Numbers were similar to the previous sale. Quality varied, although there was an increase in the number of pens presenting fresh and young lambs that had recently been shorn. The market dynamics were influenced by a mix of buyer participation and varying weights of the lambs available. This week, a total of 33,350 new season lambs were yarded, with a significant portion weighing under 26/kg cwt. The trade lambs classes saw a decline in prices, with sales typically falling between $10 to $20 cheaper than the previous week. As buyers delved further in the sale, the prices became increasingly erratic. Overall, while the market showed a lot of price variations, the increased number of young lambs and mixed quality did provide some opportunities for buyers.

For new season trade lambs weighing between 20kg and 24kg, prices ranged from $141 to $209, averaging around 790c/kg. However, many sales occurred within the 740c to 770c/kg cwt range. Light-weight lambs attracted a broader group of restockers and feedlots, yet prices softened across all categories. Lambs returning to the paddock fetched prices between $78 and $157, while those intended for feeding peaked at $165.

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In contrast, the number of Merino lambs declined and so did buyer numbers, leading to a price drop of $20 to $40 due to lacklustre demand. Heavy young export lambs were notably in short supply. For lambs weighing between 24kg to 26kg, prices dipped by $13, ranging from $200 to $226/head. Lambs weighing between 27kg to 30kg sold $9 cheaper, selling between $221 to $268. Lambs over 30 kg reached $282/head.

It was a mixed quality yarding of mutton and not all buyers were at the market. Heavy sheep were mostly unchanged to average 330c/kg cwt. Trade sheep sold to slightly stronger price trends, selling from $56 to $98 to average 313c/kg cwt.

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