MUTTON sheep prices generally improved across Australia yesterday, in the first saleyard sales since the Easter break.
ELECTRONIC tag identification of saleyard lambs in Victoria should make it possible for processors to give carcase feedback, the It’s Ewe Time forum in Hamilton heard yesterday.
VICTORIAN saleyard managers have been told sheep and goat electronic identification implementation dates would not be changed despite rumours some stock agents might seek an extension.
LAMB prices fell nationally in saleyards early this week as more new season lambs came onto the market. The National Livestock Reporting Service recorded an increase in domestic buyer demand, but less export enquiry, with heavy and extra heavy weight lamb prices falling by up to $22 in New South Wales markets.
OLD lamb prices continued to slide in saleyards this week, with processors applying additional price pressure through lower carcase grid rates and restockers seeking new season lambs with less weight and dentition risk.
SALEYARD lamb prices fell further early this week and some processors dropped over-the-hook lamb and mutton rates as supply and quality declined. However, early new season lambs are still making to 700c/kg in saleyards and more than 800c/kg online through AuctionsPlus.
STRONG demand for breeding ewes for prime lamb production pushed first cross ewe prices to $344 in online AuctionsPlus sales last week.
LAMB and mutton sheep prices continued to rise in saleyards early this week, as rainfall exacerbated an already tight supply situation. Recent price rises have flushed more lambs off farms and feedlots, and numbers increased at New South Wales, Victorian and Western Australian saleyards.
COLES supermarket has released a forward contract of 690c/kg for 18-26kg lambs for July, as saleyard prices surged by up to $20 for the limited trade lamb supplies available mid-week.
SLAUGHTER lamb prices held generally firm to dearer this week, as restocking, domestic trade and export interest in lambs remained strong.