Heavy drops amid sup­ply surge

Tasmanian Country - - THE STOCK REPORT -

SHEEP and lamb prices in­ter­state have fallen spec­tac­u­larly af­ter last week’s gains, with prices down $30 to $50 a head across some prime and store mar­kets.

In Vic­to­ria, young un­shorn lambs of more than 24kg car­cass weight were quoted at up to $50 cheaper at Bendigo on Mon­day while heavy to medium lambs were re­ported as $20 to $30 cheaper at the Hamil­ton sale.

Agents and buy­ers said Hor­sham’s store-sheep sale last week was $30 cheaper than the pre­vi­ous week’s sales at other cen­tres.

The drop comes as the Vic­to­rian sa­le­yard sup­ply of new sea­son’s lambs dou­bled week on week to 80,000 head, ac­cord­ing to Meat and Live­stock Aus­tralia.

An MLA spokesper­son said in­creased sup­ply had seen the heavy lamb in­di­ca­tor in Vic­to­ria ease 163c/kg car­cass weight week on week.

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