Australia-Drop in lamb prices.

Australia-Lamb prices tumble in the heat.

LAMB prices averaged a further $3-$10 a head lower at the major saleyards this week as another burst of hot weather baked the southern parts of Australia last week..

The heat, more saleyard markets coming on line after the holiday period and an active over-the-trade at this time of the year have armed buyers with the necessary means to further ease demand in the physical market.

The hot and at times blustery weather conditions over the past week have also encouraged more active selling. The hot weather of late has turned and reduced the quality of pastures and stubbles making producers more eager to sell before stock condition and freshness is lost.

This week’s saleyard supply although reduced by 25 per cent still remained relatively high at 61,000 head. .

The National Livestock Reporting Service said the majority of this yarding was heavy shorn lambs and these were hit hardest averaging $10-$15 cheaper.