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Home Trading News Commodities

Heavy lambs hot property – Mecardo

February 27, 2026
in Commodities
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Heavy lambs hot property – Mecardo
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Grain-finished heavy lambs set a file worth at Wagga Wagga, NSW, of $472.20 a head, because the heavy lamb indicator reached its highest level for the yr to this point at 1097¢/kg, a file excessive for this explicit week of the yr. This represented a 44¢/kg rise for the week, the largest leap of any of the nationwide indicators, and put the heavy lamb worth 45% increased than the five-year common. Wagga Wagga had 32% of the nationwide heavy lamb yarding and averaged 1112.50¢/kg, which put the NSW common at 1105¢/kg, whereas Victorian yards had been 1089¢/kg because of very small choices in any respect Nationwide Livestock Reporting Service reported yards besides Ballarat.

Commerce lambs picked up 33¢/kg for the week, to land at 1117¢/kg nationally, the Japanese States Commerce Lamb Indicator rose 3.6% to 1125¢/kg, placing it 43% increased year-on-year. Victoria yarded lower than half the variety of commerce lambs as NSW, however this time it labored in its favour, as they averaged 1135¢/kg and 1120¢/kg, respectively. Restocker lambs lifted practically 12¢/kg for the week, regardless of there being a rise in throughput for this class of practically 3700 head. Commerce lambs had been the one after sector to extend in numbers, up lower than 1000, whereas all different indicator throughput was decrease week-on-week.

Whole lamb yardings had been again 6% from final week, and 16% down year-on-year, whereas sheep yardings held virtually agency from the week prior, however had been 21% decrease than the identical time final yr. The earlier week’s slaughter – the newest knowledge accessible – had lambs absolutely agency week-on-week, however nonetheless trending 10% decrease from 2025, whereas the sheep kill had fallen practically 10% for the week, and was 31% behind the identical time the earlier yr.

Regardless of sheep yardings holding regular, exhibiting producers had been turning off whatever the rain, nationwide mutton indicator eligible inventory was again 3000 head, and the nationwide worth lifted 14¢/kg to 791¢/kg. AuctionsPlus reported the joined ewe market as a standout after Tuesday’s sheep and lamb gross sales, with Scanned-In-Lamb Merino ewe averages rising by $63 to common $328/head, and clearance charges of 95%.



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