Support up for mutton prices

ROB KELLYCountryman

WA lamb prices eased last week with BRM lowering the bid by 20¢ to 700¢.

Mutton on the other hand firmed with both WAMMCO and BRM increasing their bids to 580¢.

In the saleyards, lambs were firmer and mutton has started the week with support. Nationally, we’re experiencing a decline in the number of lambs and an increase in the number of sheep yarded.

The wool finished the first week of the year with the EMI +15 to 1172c¢/kg.

Goat markets across the country have remained flat again. BRM remained at 720¢ for a10-24kg frame and 785c¢ for those over 24kg.

Across the east coast (Queensland, NSW and Victoria) depots are bidding 420¢/kg liveweight.

Cattle markets continued their rapid climb higher. Feedlot prices increased by 20¢-40¢ depending on the type.

Processor prices had strong increases too.

Teys has increased its bids multiple times for a combined increase of +30c on some grades.

The lack of supply has also seen 70-day grain-fed prices jump to parity with 100-day prices.

Export prices have remained relatively stable with northern feeder and slaughter steers bid 380¢ but with the market paying slightly more if they can find stock.

The same markets are bidding similar numbers on bulls, 20¢ discounts to heifers and cows are seeing numbers around 270¢.

Southern dairy orders were largely unchanged.

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

  • WA feedlots: British feeder steers 420¢ (Feb delivery)
  • East coast processor prices: 100 day grain fed (HGP free): steers 700¢, heifers 695¢. Grass-fed: steers 695¢, heifers 690¢. Cows 620¢. Bulls 530¢.
  • Queensland feedlots: Black Angus: 475¢, Black Angus British X: 460¢, Wagyu X Angus: 650¢.
  • Queensland export orders: Brahman steers and bulls 380¢, bulls 380¢, heifers 360¢.
  • NSW feedlots (steers): Black Angus: 425c. British, Euro X, Flat Back: 410¢.
  • NSW restocker orders: Angus heifers (350kg) $1500,
  • NSW China export orders: Heifers (unjoined): Friesians $2100 Holstein (200+ kg, no blood tests) $1000 -$1200. Red Angus $1300. Jersey unjoined heifers (200kg) $1200.

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

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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