A pen of 54 new season single lambs has sold for an eye-watering record price at Wagga Wagga today. 

Key points:

  • New-season lambs smash an Australian price record at Wagga Wagga
  • Livestock agents say light numbers and consumer demand for meat are driving prices higher
  • There are predictions that peak prices are yet to be reached

The lambs were sold by Bob and Judy Rodham and their daughters Melissa and Joanne at Uranquinty, in the New South Wales Riverina.  

The lambs sold to processor JBS in Melbourne: Their dressed weight is 33 kilograms.

Selling agent Mark Logan of RH Blake and Co said the price of $340 each was a new Australian record for new season lambs, surpassing last week’s record of $336 set at Griffith.

“It’s just terrific to see.”

Lambs penned tightly at Wagga saleyards with people standing, masks on, against fence

This pen of 54 new season lambs sold to JBS for a record price of $340 each at Wagga Wagga today.(

Supplied: Mark Logan/RH Blake and Co

)

Not yet at their peak price 

Mr Logan said the lack of lamb numbers coming off farms meant prices were unlikely to have hit their peak.

“Coles have come back into the cattle market and supermarkets are selling a lot of lamb and there are only light numbers yarded – the numbers are down to billy-oh compared to last year.

Mr Logan said a combination of factors was driving prices higher.

“The cattle job is very dear, the crops are looking good as long as the mice don’t get them, and lamb prices are also strong.”

How high can they go? New season lambs fetch record price at Wagga
Source:
Source 1

LEAVE A REPLY

Please enter your comment!
Please enter your name here