Beyond the Saleyards: WA markets push higher over Christmas period
WA markets have continued to push higher over the Christmas and New Year period with processors and butchers all paying $7.40 or better for trade lambs.
Hoggets are bid $4.50 and mutton is $3.60.
Genuine mated breeding ewes are bid $100 and offered at $120 for 2-3.5 YO.
Other ewes (unjoined and culls) are bid around $90 and trading at a slight premium to mutton values.
On the east coast, the market was bid $9 earlier this week but has since dropped back $0.20 to $8.80 for crossbred lambs.
Merinos are a $0.30 discount. Heavy mutton is bid $4.80 and light mutton is $4.50.
Freight on lambs works out at about $1.40/kg on lambs so WA markets look to be well-supported at current levels.
Cattle live export markets are unchanged with steers above $3.20/kg.
WANTED - WA FEEDER LAMBS
· XB store lambs: min 34kg $3.20
· Merino lambs: min 28kg $2.60
· Merino lambs: min 36kg $3.00
· Shedder lambs: min 34kg $3.20
For more in depth market commentary, bids and offers call Rob Kelly 0483 929 988.
If you want 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.
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