Red hot lamb prices sizzle

Record lamb prices were again bid in saleyards this week


Sheep
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Red hot lamb prices have continued in saleyards across Victoria and New South Wales.

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Red hot lamb prices continued to bubble in saleyards across Victoria and New South Wales, during the past week.

The Guthrie family's record breaking lambs sold for $271 a head at Ballarat, forming part of a larger haul for the Australian Lamb Company, Colac.

The Guthrie family's record breaking lambs sold for $271 a head at Ballarat, forming part of a larger haul for the Australian Lamb Company, Colac.

Following on from the nation’s best price of $276.20 a head, paid at Wagga Wagga on June 28, other major saleyard outlets have in turn each re-written their own record books.

On Monday, Bendigo chalked a top price of $267.50, while Dubbo recorded a best bid of $271 a head.

Ballarat upped its centre best bid of $267, made last week, to post a $271 a head high on Tuesday.

TB White auctioneer Gerard White said the Ballarat supply of lambs could soon be exhausted.

“I reckon we have another two weeks of supply left with this volume” he said.

“Normally, in July, Ballarat numbers would be in the region of 10,000 but this week’s penning of 17,000 offered some exceptional weight and quality” he said.

Mr White said the Ballarat market toppers were a yard of 93 offered by the Guthrie family, Clarkes Hill, while the sales next best price, of $260, was secured by the Mortlock family, Dunluce, north of Avoca.

These were a bean and oat-fed lot of 40, drafted from a line of 235 head.

Elders Bendigo auctioneer Nigel Starrick said Bendigo had two best sales on Monday.

The highest of $267.50 a head for a yard of White Suffolk-cross was made for Shane and Amber Baker “Booloola White Suffolks”, Baringhup while a Merino top of $228.20, also a Bendigo record, was made for PG & CE Sewell, Culgoa.

Mr Starick said a sense of urgency swirled among the buying field. “You wouldn’t say they were jumping over each other to buy, but there were three or four bidders active on each lot” he said.

The Mortlock family, Dunluce, Jye, Brent, Zali and Andy, pictured with their $260/head bean and oats finished lambs, which achieved the second best price at Ballarat.

The Mortlock family, Dunluce, Jye, Brent, Zali and Andy, pictured with their $260/head bean and oats finished lambs, which achieved the second best price at Ballarat.

Asked about the pending sucker supply, Mr Starick said the first pen of early autumn-born young lambs were also offered in Bendigo’s Monday market.

They were from Durham Ox, weighed about 20.5kg and made $175 per head. 

“We’re gaining mixed reports about the progress of the young lambs” he said.

Neighbours in the Blowhard district, David Baird ($246/head) and James Sobie ($226/head each sold lambs at Ballarat. The market topped at $271 a head on Tuesday.

Neighbours in the Blowhard district, David Baird ($246/head) and James Sobie ($226/head each sold lambs at Ballarat. The market topped at $271 a head on Tuesday.

“There are pockets, on irrigation, were good progress is being made

“But on rainfall country it is ordinary and decisions will be made whether lambs are shorn and held or sold as stores”.

“And over the (Murray) River, it varies from ordinary to awful with some lambs battling for survival”.

Gerard White suggested the cost of purchasing young ewes in the spring could soar as high as $400 a head. 

“We saw a best of $360 last year for young breeds.” 

The story Red hot lamb prices sizzle first appeared on Stock & Land.

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