IT HAS been a shocking morning at the Wagga Wagga saleyards, with prices plunging $15-$20 a head for lambs in early sales.
The draw of 28,000 was not unusual for this time of year, according to agents.
However in the early lanes of the market, neither of the major supermarkets had fired a shot, one agent said, telling agents they were booked up three weeks in advance.
Heavy lambs midway through the market had sold to a top of $108, with most of the trade lambs sold in the bracket of $50-$75.
Restockers were entering the market and according to NLRS reporter Leann Dax, they have paid $72 for lambs estimated at 21kg - lambs that the butchers would normally buy.
The regular team of buyers were at the market, but very little enthusiasm was being shown, with most claiming all kill spaces were booked well advance - highlighting the increase of numbers being sold direct to processors.
Wagga agent Mark Logan, RH Blake & Co, said the yarding size at Wagga was not extreme for this time of the year.
He said other markets in the region were also not overly stocked, but was disappointed in the lack of competition participating in the market in the peak of the young lamb season.
Source: farmonline.com.au
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