Lamb numbers at eastern states saleyards reported by MLA’s National Livestock Reporting Service declined 4% this week, with most states registering slightly lower throughput.
Despite the reduction in offerings, overall demand was also lower, with the majority of lambs lacking finish.
At the conclusion of Thursday’s markets, the eastern states restocker lamb indicator was 23¢ lower on last week, at 409¢/kg cwt.
Merino lambs decreased 31¢ week-on-week, to 360¢/kg cwt, while light lambs lost 46¢ to 383¢/kg cwt.
With good quality older trade lambs in competition with an increasing number of new season lambs, the eastern states trade lamb indicator slipped 12¢, to average 421¢/kg cwt.
Heavy lambs eased 7¢ on last week, to average 404¢/kg cwt.
In contrast to the 4% decline in lamb, eastern states sheep yardings lifted 14% week-on-week.
The increase in throughput contributed to the mutton indicator falling 22¢ for the week at
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