Stanley Vale Merino Stud - News & Views

Thursday daily sheep summary

Lamb throughput at CTLX increased 20%, to 8,050 head. Quality was mixed across the yarding, with a large offering of store lambs suitable for restockers. Well-conditioned new season lambs were limited, with the majority lacking finish. The usual buying group were present however not all were operating in a generally dearer market.

Sheep numbers eased 12%, to 2,900 head, and quality was generally good.

New season light weight 3 score restocker lambs sold between 515¢ to 525¢, averaging 518¢/kg cwt New season trade weight 3 score lambs increased 22¢ on 513¢/kg cwt New season heavy weight 4 score improved 14¢, to average 494¢/kg cwt Heavy weight 4 score crossbred ewes were back 16¢ on 256¢/kg cwt Medium weight 3 score Merino wethers fell 30¢ on 265¢/kg cwt

At Horsham, lamb supply jumped 25%, to yard 12,790 head. Quality was good with a reasonable supply of well finished trade weight and heavy lambs penned. The usual buyers and processors were present and operating in a dearer market.

Sheep numbers lifted 11%, to 2,716 head. Buyer demand was strong, with all weights and grades on offer and selling to a dearer trend.

New season light weight 2 score lambs to restockers averaged, 534¢/kg cwt New season trade weight 3 score lambs were up 64¢, on 526¢/kg cwt New season heavy weight 4 score lambs increased 47¢, and averaged 520¢/kg cwt Medium weight 2 score Merino ewes lifted 23¢, on 324¢/kg cwt

At the close of Wednesday’s markets:

The eastern states restocker lamb indicator was 4¢ higher on 551¢/kg cwt Merino lambs lifted 6¢ on 433¢/kg cwt Light lambs increased 7¢ on 471¢/kg cwt Trade lambs were up 5¢ on 499¢/kg cwt Heavy lambs gained 2¢ on 489¢/kg cwt The mutton indicator was 1¢ dearer on 299¢/kg cwt

Note: All yardings and prices referenced are from MLA reported saleyards.

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