NSW saleyard indicators throughout the board noticed a decline, with shopping for exercise extra centered on lambs popping out of Victoria and bidding strongly to safe grain-fed lambs from the south. MLA saleyard reviews throughout the primary promoting centres detailed processor choice for shorn heavyweight lambs and famous that consumers had been extra selective.
At a nationwide stage, the turn-off finish of the market noticed declines, because the Nationwide Heavy Lamb Indicator misplaced 29¢ to 1,067¢/kg cwt and commerce lambs dropped 28¢ to 1,108¢/kg cwt. Lighter lambs discovered some help as feedlot consumers appeared to amass inventory, with the restocker lamb indicator enhancing 19¢ to 1,105¢/kg cwt. Merino lambs noticed the steepest week-on-week decline, falling 61¢ to a fair 1,000¢/kg cwt.
Shifting away from the east coast, the provision scenario continues to chew. SA has began the 12 months in a deep provide glut, with January yardings for sheep 66% decrease than five-year common ranges, and lamb yardings 52% decrease than the five-year common. While cancelled gross sales have contributed to this, the shortage of numbers is telling in saleyard reviews as consumers chase lighter varieties to carry again to the paddock.
This week on Mecardo, Jamie-Lee Oldfield mentioned what must occur for Mutton Indicators to kick on and doubtlessly attain document highs in 2026 (Learn extra right here). Traditionally, mutton costs rise on the strategy to winter, and with world protein demand rising, processors can be eager to proceed the mutton momentum this 12 months. The final ingredient for document costs is southern rain, which is able to permit producers to carry onto inventory and pressure competitors once more amongst processors. The Nationwide Mutton Indicator (NMI) misplaced 7¢ to 757¢/kg cwt.
