Markets

Scanned ewes to $217 and extra heavy lambs to $230 as rain boosts prices

Terry Sim, June 27, 2016
These August-September drop White Suffolk cross lambs at Nile in Tasmania, 23kg cwt and score, sold for $145.50 on AuctionsPlus last week.

These August-September drop White Suffolk cross lambs at Nile in Tasmania, 23kg cwt and score, sold for $145.50 on AuctionsPlus last week.

EWES dominated online sheep and lamb listings last week as lamb supplies tightened after widespread rain.

In saleyards, trade, heavy and restocker lamb values continued to climb, with the Eastern States Trade Lamb Indicator finishing last week on 633c/kg, up 6 cents after Friday’s saleyard sales, making a 24-cent rise for the week.

At the Cowra and Griffith markets in New South Wales on Friday, trade and heavy lamb prices rose by around $10-$15 a head, with extra heavy lines making to $230.

The continued strong demand for export-weight lambs from export and domestic processors was also highlighted by a 6-cent lift in the ES daily indicator for heavy lambs, up 30 cents for the week.

The national trade lamb indicator closed the week on 631c/kg, up 7 cents, and the heavy indice finished on 644c/kg, also up 7 cents.

Restocker lambs made the strongest gains for the week, with the ESDI lifting 5 cents on Friday contributing to a 41-cent weekly rise.

After Friday’s saleyard sales, the other lamb ESDIs were Merino lambs on 565c/kg, down 3 cents daily, up 10c for the week, and; light lambs on 601c/kg, up 2 cents on Friday to make a 14-cent increase for the week.

Eastern states mutton prices held firm on Friday, with the ESDI unchanged, but up 15 cents for the week. The national mutton indicator was also unchanged on 413c/kg.

Ewes dominate AuctionsPlus listings

AuctionsPlus offered 17,975 ewes last week, 55 percent of the 32,600 sheep and lambs listed, which was 7060 fewer than 39,650 catalogued last week.

Breeders shaped this week’s sales dominating the market space and strong prices. A line 570 21-23 month-old late-May shorn Haddon Rig blood Merino ewes at Goodooga, NSW, sold for $204. The 47.9kg lwt ewes were mostly score 2 and 3, and were scanned 100 percent in lamb to Border Leicester rams. They were sold to a buyer near Goulburn, NSW.

AuctionsPlus said there were fewer 3-4 year-old Merino ewes listed and these made to $178 for 192 32 month-old mid-August shorn ewes at Narromine NSW. The 56.6kg lwt Egelabra blood ewes were mostly score 3 and scanned 100pc in lamb to Border Leicester rams. A line of 404 3.5-5.5 year-old late-December shorn ewes at Yetman, NSW, sold for $170. The 63.4kg lwt ewes were mostly score 2 and scanned in lamb 159pc to Poll Dorset rams.

Merino wethers presented well with solid numbers seen across all eastern states sales, AuctionsPlus said. Lamb supply was particularly strong this week with prices averaging $76. The top-priced line of 460 13-16 month-old late March shorn wethers sold for $100 at Broken Hill, NSW. The Mulloorie blood wethers weighed 17.8kg cwt and were mostly score 2.

Other wethers were on the move, with 620 10-21 month-old Merino wethers at Quilpie, QLD making $70, and heading 1100kms south to Bylong, NSW, which has seen high amounts of rainfall fall in the past eight weeks. The mid-February shorn wethers were 12.7kg cwt and mostly score 1.

Few lines of first cross ewe lambs were offered, but a line of 180 unjoined 8-12 month-old early-February shorn ewes sold for $146. They weighed 44.1kg cwt and were mostly score 2. A line of 260 six-year-old early-September shorn first cross ewes, scanned 1250pc in lamb to Poll Dorset rams sold for $163. The ewes weighed 78.6kg lwt and were mostly score 3.

Composite ewes made to $217, for a line of 170 12-13 month-old ewes scanned 200pc in lambs to White Suffolk and Poll Dorset rams at Frances in South Australia. The mid-November shorn ewes weighed 47kg cwt and were mostly score 2 and 3. Another 102 single bearing composite ewes from the same seller, 45.4kg lwt and score 3, sold for $204. A line of 468 12-13 month-old early-October shorn ewes at Padthaway, SA, scanned 100pc in lamb to White Suffolk rams, sold for $180. The ewes weighed 62.7kg lwt and were mostly score 3 and 4.

Dohne ewes made to $166, for a line of 140 3-3.5 year-old late-May shorn ewes at Goodooga, NSW, that went to buyer at Warren, NSW. The ewes weighed 54.9kg lwt, were mostly score 3, and scanned in lamb 100pc to Border Leicester rams.

Store lambs weighing 28-32kg lwt made $74-$98, to average $87 or 290c/kg including skin value. The 34-36kg lambs sold from $95-$111, to average $105 or 298c/kg; 37-41kg lines made $115.50-$120.50, to average $118 or 297c/kg, and; 50-52kg lambs sold for $138.50-$154, to average $146 or 386c/kg.

Cowra’s extra heavy lambs sell to $218

In New South Wales at the Corowa saleyards on Friday, the agents yarded 67703 lambs, 1303 more than last week, and 960 sheep, 460 more.

The National Livestock Reporting Service said lamb quality was very good despite the rain and wet selling conditions. Trade weights and heavy lambs were in good numbers and there was a handy run of extra heavy weights. Store lambs were in limited. All the usual buyers operated in the dearer market.

Restocking lambs sold from $60-$118. Light 2 score processing lambs made $90-$115. Medium and heavy trades sold to very strong competition and gained $15-$18 to $122-$170. Heavy lamb prices increased by a similar amount to $152-$188.

Trade weights and heavy lambs ranged from 660-710c/kg cwt. Extra heavy weights sold from $187-$218.

Sheep prices held firm for the mixed quality offering. Medium weight ewes sold from $81-$110. Heavy crossbred ewes sold to $112 and Merino wethers to $110.

Griffith’s top lambs make $230

At the Griffith saleyards the agents yarded 4100 lambs, 3000 fewer than last week, and 1100 sheep, 1100 less.

The NLRS said widespread rain in the drawing area over the previous week dropped the yarding. Lamb quality was similar to previous sales, with good numbers of finished lambs. Heavy and extra heavyweight lambs were again well-supplied, but there were fewer trade weights. Most of the usual buyers were present and competing in a dearer market.

Light lambs lifted $8 to $114-$123. Trade weights were $10-$15 dearer and more on the better lines at $131-$165. Heavy and extra heavyweight lambs lifted $12-$15. Heavy lambs sold from $162-$180 and extra heavy weights made $174-$230. Carcase prices ranged from 636-690c/kg. Merino lambs sold from $124-$166.

Sheep quality was mixed. Merino ewes sold from $88-$160. Crossbred ewes made $95-$102. Heavy Dorper ewes averaged $126.

Sources: AuctionsPlus, NLRS, MLA.

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