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:

โ€ข Restocking lambs were 12ยข dearer, at 384ยข.

โ€ข Merino lambs lifted 24ยข, to finish at 335ยข/kg cwt.

โ€ข Light lamb was 12ยข dearer, at 359ยข/kg cwt.

โ€ข Trade lamb gained 28ยข, to 417ยข.

โ€ข Heavy lambs climbed 30ยข, to settle at 433ยข/kg cwt.

โ€ข Mutton was 16ยข higher at 188ยข/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 375ยข/kg cwt.

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

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