PPHS

Bendigo

Market Day 21 May 2018

Bendigo 
Yarding 21330
Lambs 17330
Sheep 4000
 
Lamb supply lifted above 17,000 head, with much of the increase across the Merino run with agents reporting stock had been
sent in from East Gippsland, the Mallee and southern New South Wales. All the regular buyers operated in a market that showed
an easier price trend on a week ago. Most lamb categories averaged $2 to $10/head cheaper, with the lead run of heavy lambs
holding their price the best. Processors did have a much bigger selection of light weight and plain conditioned lambs compared to
last sale which had an impact on results.
 
Extra heavy export lambs over 30kg sold from $200 to a top of $230/head. The next grade down at 26-29kg sold from $170 to
$196/head. The bulk of the heavy trade weight crossbred lambs made from $136 to $170, with the pick of the 22-24kg pens
averaging $155/head. Plainer and lighter domestic lambs made from $125 to $135/head. On a carcase basis, most of these
lambs made between 590c and 640c to average 600c to 615c/kg cwt across the sale. Plainer and light weight lambs processing
orders made between $90 and $118, with pens of very small lambs from $30 to $75/head.
 
All weights and grades were represented in the Merino line-up. The best heavy Merino lambs off grain sold to $196, while the
main drafts of trade weights showing reasonable fat cover sold from $143 to $154/head at an estimated 570c/kg cwt. Plain and
light weight Merinos varied from $69 to $114 to processors, while restockers stepped in on some of the smaller lambs which sold
down to $30/head.
 
Competition for mutton fluctuated, with the best lines of Merino wethers and ewes keenly sought to record estimated averages of
480c to 520c/kg cwt. Big crossbred ewes, however, were cheaper after some particularly strong sales to $198/head a week ago.
The best price for crossbred ewes this week was $188/head, which was matched by the heaviest Merino wethers.

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