Market Morsel: SA flush in full swing
Market Morsel
Lamb yardings in South Australia have been climbing steadily over the last few weeks and for the week ending on 29th October lamb throughput in SA hit 34,580 head, a 34% gain on volumes posted the week prior. The SA spring lamb flush is running about 10% ahead of the weekly five-year average pattern and if the seasonal trend is anything to go by volumes should persist at around 35,000 head at SA saleyards for the next month.
The same can’t be said for Victoria, with weekly lamb throughput continuing to lag behind the seasonal average pattern. There were 56,361 head of lamb presented at Victorian sale yards last week and while this was a 34% lift on the week prior, mirroring the SA weekly gain, the Victorian lamb spring flush continues to trek behind the five-year average trend. Late October generally sees around 75,000 head of lamb at Victorian sale yards so current weekly volumes are running nearly 25% under trend.
Strong volumes of lamb are still being offered by NSW producers with 121,890 noted for the week ending 29th October. Weekly NSW lamb throughput is running about 17% above the five-year average pattern and the strong NSW and SA flush has offset the lower than average Victorian lamb volumes to see total east coast lamb yardings sitting around 3,000 head above the five-year average for this week in the season.
