Beyond the Saleyards: Store lamb market set to lift in new year

The store lamb market has found good support from local feeders, with forward indicators suggesting a market back above $7.20 early in the new year.

Mutton prices have also bounced, with processors doing an unusually high level of mutton at this time of year because of better margins.

East-coast store lamb prices took a hit last week but processor grids remain above $8, and in many cases closer to $9.

The shortage of heavy lambs has begun and it is hard to see this changing in the coming months for WA buyers because of the large number of 30kg-40kg lambs that have disappeared across the border.

WA feeder lamb orders (four deck minimum, prices indicative until confirmed with buyer). Starting bids:

• XB store lambs: 30kg-40kg $2.60
• XB trade lambs: >50kg $2.90
• Merino lambs: min 28kg $2
• Merino lambs: min 35kg $2.20
• Merino lambs: min 40kg $2.85
• Shedder lambs: min 34kg $2.80

To inquire about bookings, contact Rob Kelly on 0483 929 988.

To see prices from feedlots, live exporters, processors and restockers, download the Agora Livestock app and jump on a free trial to see what’s available.

For more info, call us on 1300 812 345 or visit agoralivestock.com.au/marketplace.

Rob Kelly is the founder and managing director of Agora Livestock, a free service with the latest sheep, cattle and goat price grids in one easy-to-use app.