By DAN RYAN with MLA
Cowra’s saleyard record has been broken for the third time in recent weeks, with the Miekeljohn Partnership and JJ Dresser and Co. reclaiming top honours.
The pen of heavy prime lambs sold for $468.20 on Wednesday, August 6, falling just short of the $477.20 national record held at the time.
It did not take long for the national record to also be broken, edging above $480 in the state’s south.
Meat and Livestock Australia’s market report confirmed an increase in yardings at Cowra, with 960 sheep yarded and 2660 lamb yarded to a total 3620, up by 550 on the previous week.
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“Lamb numbers remained steady and quality improved with the trade and heavy weights in top condition, while the new seasons were also well presented with 400 offered. There were mainly trade and heavy weights supplied along with a few new season store lambs. All the buyers were operating as well as an extra couple and competition was strong resulting in a firm to dearer market,” the report said.
The MLA report detailed that lambs to the processors sold from $174 to $222 while store new seasons sold from $149 to $200/head. Trade weight new season lambs sold from $224 to $252/head. Heavy trade weight old lambs were firm to $9/head dearer and averaged 1120c to 1250c/kg. Heavy trade 23 to 24kg sold from $278 to $293/head. Heavy weight lambs were firm to $10/head stronger mainly due to extra weight and averaged 1150c to 1200c/kg cwt. Extra heavy weight lambs sold from $318 to $468.20/head. Mutton numbers increased and prices lifted $20/head. Heavy first cross ewes sold from $205 to $320/head or 730c to 810c/kg cwt.
Nationally, rain and new season lambs helped boost the restocker market, which rose 109c
“Supply and price of sheep and lambs through yards lifted following last week’s market strength. Lamb yardings increased 16% to 174,971 head, and mutton yardings lifted 27% to 81,969. Dubbo, Forbes and Wagga saw their first solid lines of new season lambs – increasing competition for trade and heavy weights,” Erin Lukey, MLA Senior Market Information Analyst, said.
“Trade and heavy lambs both rose above 1,200c/kg carcase weight (cwt). The National Heavy Lamb Indicator lifted 65c to 1,247c/kg cwt with Carcoar seeing the highest average price at 1,319c/kg cwt. The Trade Lamb Indicator rose 43c to 1,224c/kg cwt with the firmest price in Forbes at an average 1,270c/kg cwt.”