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Beyond the Saleyards: Christmas bids lift sheep prices

Rob KellyCountryman

WA sheep and lamb markets found some support last week, with buyers increasing their bids heading into Christmas.

Beaufort River Meats and V&V Walsh are both bidding 800¢ for lambs and 600¢ for mutton.

Prices on the east coast also found some renewed support.

Gundagai lamb increased its grid by 30¢, back up to 830¢ in the spot market for its Intramuscular Fat grid, which typically sees farmers receive an additional bonus based on how their stock performs.

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The wool market made some further small gains, closing 5¢ higher at 1346¢.

Goat prices continued to be the leader of the small stock markets.

Over-the-hook prices increased again, with bids well above 1050¢ across the Eastern States.

In WA, Beaufort River Meats continue to bid strongly at 980¢.

Cattle direct-to-end-used bids have again jumped back to life.

Oakey Beef in Queensland released new grids with prices much higher.

MSA steers and heifers are bid from 800¢, while grass-fed steer (0-2T) are also bid 800¢. Cows and bulls are bid at 775¢ and 600¢.

They also released new organic grids with steers and heifers at 830¢.

Processor and feedlot market bids at the start of the week (¢/kg or $/head):

  • East coast processor prices: MSA: steers 800¢, heifers 795¢. Cows 775¢. Jap Ox: steers 800¢, Bulls 600¢.
  • Queensland feedlots: Black Angus: 610¢, Black Angus British X: 590¢, Wagyu X Angus: POA.
  • Queensland export orders: Feeder steers 380¢, slaughter steers 360¢. Feeder bulls 360¢, heifers 375¢, cows 290¢.
  • NSW feedlots (steers): British, Euro X, Flat Back: 465¢, XB 445¢, Black Angus; 620¢.

Full price grids and details for all these orders are available in the LIVEstock Pricing app and online.

Rob Kelly is the founder and managing director of LIVEstock Pricing, a free service with the latest sheep, cattle and goat price grids in one easy-to-use app.

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