Australia-Lift in lamb trade.

AUSTRALIA-LIFT IN LAMB TRADE.

Sheep and lamb indicators have risen this week at sales in eastern states saleyards.

Key indicators from MLA’s Thursday sheep markets reports are:

• Restocking lambs were 12¢ dearer, at 384¢.

• Merino lambs lifted 24¢, to finish at 335¢/kg cwt.

• Light lamb was 12¢ dearer, at 359¢/kg cwt.

• Trade lamb gained 28¢, to 417¢.

• Heavy lambs climbed 30¢, to settle at 433¢/kg cwt.

• Mutton was 16¢ higher at 188¢/kg cwt.

In Victoria, at Hamilton there was a much larger offering of lambs.

Despite a ’quite a good selection’ of better quality lambs over all weights, MLA says prices fluctuated, in part reflecting the unstable skin prices, as well as the bigger yarding.

Light lambs made $42 to $72/head and averaged 375¢/kg cwt.

Trade lambs sold from $74 to $104 while the heavy lambs made $95 to $115/head.

Trade lambs averaged 415¢, while heavy lambs averaged around 425¢/kg carcass weight.