Slight dip in prices at Wagga Wagga

Yarding - 53,100

Lamb numbers increased moderately, with buyers offered a very good yarding. The market was solid due to the exceptional heavy export classes, with grain-fed lambs providing buyers with substantial yield potential. However, it’s worth noting that not all buyers participated in the sale; most notably, major domestic processors were absent, along with other domestic and export buyers, which influenced market dynamics. The trade sale presented a very good selection of lambs, predominantly grain-fed and shorter skinned, although secondary types were present in limited numbers.

Despite the very good offering, prices experienced a dip, easing by $5 to $10/head. For lambs weighing between 20-24 kg, prices ranged from $138 to $187, averaging between 740c and 770c/kg cwt. The prices for store lambs varied significantly based on breed, with lambs that had weight and frame fetching between $88 and $156/head. Notably, lambs suitable for feeding topped out at $172/head.

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On the export front, the market saw exceptional runs of large, heavy lambs exceeding 30kg cwt, with all buyers eager to secure their share. However, there was a reluctance to push prices higher. Lambs under 30 kg were also in good supply, with an impressive 90% being grain-fed. Prices for these categories remained mostly stable. Lambs weighing between 26-30kg sold for $200 to $238, averaging 785c/kg, while those over 30 kg commanded prices between $237 and $295, averaging 768c/kg cwt.

It was a mixed yarding of mutton however, there were a lot of big runs of outstanding heavy crossbred ewes and Merinos. Not all buyers attended or operated fully.Heavy sheep sold to spirited bidding selling at $91 to $179 averaging 360 to 377c/kg cwt. The better trade sheep sold from $73 to $108/head.

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