Corowa Market Report

May 16, 2018

Steve Grantham from Elders Ltd Corowa with Jamie and Brett Williams from “Carrigmore” Norong who sold 60 shorn lambs for $197.

Corowa market was held on Monday, May 14 with 7,877 lambs yarded an increase of 1,230 from the previous market. A total of 3,222 sheep were also yarded and increase of 992.

Lamb numbers increased and the quality improved.
There was an excellent run of heavy and extra heavy lambs.
Trade weights were in shorter supply and light weights limited.
Merino numbers improved as did the weight. The market trend was dearer.
Light 2 score process lambs reached $120 and restockers paid to $129/head for lighter weights than last week.
Trade lambs lifted $10 to $13 on average with the 3 score trades from $128 to $162/head to have an average carcase price of 655c/kg cwt.
Heavy lambs were $7 to $10/head dearer.
4 score lambs sold from $152 to $178 and lambs over 30kg reached $220/head.
Carcase prices ranged from 570c for some of the heavier lambs to 655c/kg cwt for lighter weights.
Merinos topped at $162/head. Hoggets topped at $165/head.
Mutton numbers also increased and the quality remained mixed.
Prices were firm with skin values the main variant.
Medium weight ewes $112 to $115/head for merinos.
Heavy crossbreds made from $134 to $170 and heavy merinos $145 to $160/head.

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