QUALITY new season lambs and mutton sold generally dearer at saleyards early this week, with buyers chasing weight and finish among limited New South Wales and northern Victorian supplies.
LAMB quality and yardings started to decline across New South Wales and Victoria this week as the impact of the season increasingly hit saleyard offerings.
MUTTON sheep prices generally improved across Australia yesterday, in the first saleyard sales since the Easter break.
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.