Victorian livestock sales had one of their greatest across the board lifts this past seven days.
Northern cattle slaughter were checked on the back of recently reduced supply and stronger market prices.
The Stock Take: Mecardo's Robert Herrmann looks at the margins of buying in and finishing Merino lambs on current prices.
WHILE the weather was cold outside the selling shed, the atmosphere inside was red hot as the Woodyarrup on-property sale hit a $2099 average last Tuesday.
Best lines of quality ewes sold well while the plainer conditioned ewes were tougher to clear but all were sold.
The annual average Eastern States Trade Lamb Indicator is not expected to move below 700¢ for the next few years.
Crossbred young ewes have made to a respectable high of $254 and Merino ewes a season’s high of $270 at Wycheproof
Swan Hill agents have conducted another highly successful sale on the AFL Grand final gazetted public holiday.