Stanley Vale Merino Stud - News & Views

Wednesday daily sheep summary

Lamb numbers at Forbes decreased 5%, to 31,269 head week-on-week. Quality was fair across the yarding, and with a strong offering of new season lambs penned, demand held steady. The usual buyers we in attendance and operated in what was a cheaper market.

Mutton throughput increased 7%, to 8,323. Quality was strong, with Merinos making up the majority of the yarding and selling to a dearer trend.

Trade weight 4 score young lambs eased 20¢, averaging 601¢/kg cwt Light weight 3 score Merino old lambs were down 27¢, to 535¢/kg cwt Trade weight 3 score Merino old lambs were 23¢ cheaper on 565¢/kg cwt Heavy weight 3 score old Merino lambs eased 1¢, averaging 597¢/kg cwt Medium weight 3 score Merino ewes gained 12¢, to average 400¢/kg cwt

Supply at Ballarat dropped 30%, to 3,004 head. With a stronger presence of young lambs yarded this week, the regular buying group were in attendance, however not all operated. Heavy weight numbers were scarce, and much the same as last week, sold a few dollars easier on quality.

Mutton numbers were down 18%, to 4,034 week-on-week. It was a mixed quality yarding, with lighter sheep selling stronger in places.

Trade weight 3 score young lambs were 22¢ cheaper on 594¢/kg cwt Light weight 2 score old lambs were up 4¢, averaging 559¢/kg cwt Trade weight 3 score old lambs dropped 37¢, averaging 555¢/kg cwt Heavy weight 3 score old lambs jumped 4¢, averaging 532¢/kg cwt Light weight 2 score Merino ewes eased 6¢, averaging 381¢/kg cwt

At the conclusion of Tuesday’s markets:

The eastern states restocker lamb indicator was up 2¢ on 597¢/kg cwt Merino lambs decreased 8¢ to 520¢/kg cwt Light lambs decreased 3¢ to 544¢/kg cwt Trade lambs dropped 6¢ to 576¢/kg cwt The heavy lamb indicator held steady at 571¢/kg cwt The mutton indicator lifted 2¢ to 384¢/kg cwt

 Note: All yardings and prices referenced are from MLA’s National Livestock Reporting Service (NLRS) reported saleyards.

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