Winter lamb
The Snapshot
- Weekly lamb yarding levels across the east coast jumped 43% for the week ending 10th June to 205,220.
- The increased sale yard volumes of lamb are keeping prices under wraps with the ESTLI at 775 c/kg, which is 60 cents under levels seen this time last year.
- NSW lamb sale yard volumes saw a 55% jump over the week, meanwhile Victoria saw lamb throughput swell by 31%.
The Detail
Weekly lamb yarding levels across the east coast jumped 43% for the week ending 10th June to 205,220. This is the highest weekly throughput seen for east coast lamb so far this year and represents levels that are nearly 50% above the five-year average pattern for this time in the season. The increased sale yard volumes of lamb are keeping prices under wraps with the Eastern States Trade Lamb Indicator (ESTLI) sitting 60 cents under levels seen this time last year at just 775 c/kg cwt.
NSW lamb sale yard volumes saw a 55% jump over the week (for the week ending 10th June) with 126,342 head yarded. This is the strongest lamb yarding seen in NSW since October 2021 and represents yarding levels that are 50% above the five-year average pattern for this time in the season. The NSW Trade Lamb Indicator sits at 762 c/kg cwt, which is 79 cents under levels seen this time last year.
Victoria also saw lamb throughput swell, increasing by 31% to 70,510 head for the week ending 10th June. Current lamb yarding levels in Victoria are sitting 65% above the five-year average pattern for this time in the year. The Victorian Trade Lamb Indicator holds a premium to NSW Trade Lambs but at 800 c/kg cwt still sits 44 cents below the levels seen for this week during 2021.
