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Forbes Phoenix

Weekly Market Update

January 18, 2018 By editor

Following the strong pre-Christmas market, the first sale of the New Year saw growers keen to accept the current price levels, which was reflected by the high clearance rates and packed spectator galleries across the nation. The market did not disappoint, with the NRI adding a further 67 cents, pushing it to a new record of 1908.

More records were broken with merino fleece generally 50-100 cents dearer. All types and descriptions enjoyed similar rises, irrespective of style and spec, as buyers fought hard to secure their market share in the rapidly rising market. Merino skirtings experienced gains of 25-50 cents, while the oddment sector marched onward & upward, with locks, stains and crutchings all 50-70 cents dearer.

The crossbred market accounted for over 32% of the national offering. In percentage terms, it was the largest Crossbreds offering in two years, however despite the large volume, they still managed gains of 10-30 cents, excluding 32 micron which lost buyer support and tracked downward.

Source AWEX.

Forbes Sheep Market Reports

February 24, 2016 By editor

Forbes Sheep Sale

Conducted 23/02/2016

Yarded 34698 including 26822 lambs . Lamb quality was again very good with all weights well supplied in a larger offering. There were also 4000 merino lambs penned. All the usual NSW and interstate processors were represented and the market in places was $3 to $5 dearer for the heavy lambs and firm to $2 better for trade weights and light lambs early in the sale. However there were irregularities through the sale and the market in some areas was unchanged compared to last week’s sale.

Trade weight lambs (18-22kg)
$105.00 to $131.00

Heavy lambs (23-26kg)
$132.00 to $152.00

Extra Heavy Lambs (over 26kg)
$149.00 to $186.00

Store Lambs
$76.00 to $109.00

Heavy merino lambs
to $139.00

Trade weight Merino Lambs
$96.00 to $126.00

Hoggets
$80.00 to $115.00

There were 7876 grown sheep yarded and prices held firm compared to last week’s dearer market.

Merino Wethers
$73.00 to $120.00

Merino Ewes
$79.00 to $109.00

Shorn merino ewes

XB Ewes
$86.00 to $108.00

Light Sheep
$21.00 to $69.00

Merino Rams
$68.00 to $90.00

Forbes Sheep Sale

February 18, 2016 By editor

Forbes Sheep Sale

Conducted 16/02/2016

Yarded 30502 including 22099 lambs . Lamb quality was again very good with plenty of heavy lambs included. There were also 4000 merino lambs . All the usual NSW and interstate processors were represented but prices, as expected, eased. Prime crossbred and merino heavy lambs were $5 to $6 cheaper and trade weights eased $3 to $4 compared to last week’s sale.

Trade weight Lambs (18-22kg)
$107.00 to $130.00

Heavy Lambs (23-26kg)
$126.00 to $143.00

Extra Heavy Lambs (over 26kg)
$135.00 to $184.00

Store Lambs
$65.00 to $111.00

Heavy merino Lambs
$126.00 to $138.00

Trade weight Merino Lambs
$99.00 to $130.00

Hoggets
$74.00 to $115.00

There were 8403 grown sheep and prices recovered last week’s fall in values with a rise of $4 to $6 compared to last week’s sale.

Merino Wethers
$73.00 to $111.00

Woolly Merino Ewes
$72.00 to $116.00

Shorn merino Ewes
$66.00 to $101.00

XB Ewes
$70.00 to $103.00

Light Sheep
$17.60 to $72.00

Merino Rams
$65.00 to $83.00

Forbes Cattle Sale

February 18, 2016 By editor

Forbes Cattle Sale

Conducted 15/02/2016

There were 1491 yarded. The market improved again for all descriptions this week compared to last week’s sale.

Prime yearling Steers up to 440kgs
280.0c to 330.0c

Prime yearling Heifers up to 440kgs
260.0c to 316.0c

Feeder Steers
290.0c to 337.29c

Heavy Steers over 500kgs
284.0c to 297.2c

Heavy Steers over 600kgs
255.0c to 295.6c

Heavy Heifers
250.0c to 288.2c

Cows – 2 score
213.0c to 233.0c

Cows – 3 score
220.0c to 236.0c

Heavy Bulls
250.0c to 269.0c

Forbes Cattle Sale

February 11, 2016 By editor

Forbes Cattle Sale

Conducted 08/02/2016

There were 1398 yarded. Quality improved as did the competition from all the usual buying orders. Prime yearlings improved 6 to 8c a kilo and feeders were 5 to 6c better. Heavy steers sold up to 10c dearer and cows also improved by 5 to 6c compared to last week’s sale.

Prime yearling steers up to 440kgs
280.0c to 330.0c

Prime yearling heifers up to 440kgs
260.0c to 316.0c

Feeder steers
290.0c to 333.0c

Heavy Steers over 500kgs
284.0c to 294.0c

Heavy steers over 600kgs

Heavy Heifers
250.0c to 268.0c

Cows – 2 score
213.0c to 233&.0c

Cows – 3 score
220.0c to 236.0c

Heavy Bulls
to 269.0c

Forbes Sheep Sale

February 11, 2016 By editor

Forbes Sheep Sale

Conducted 09/02/2016

Yarded 38163 including 28036 lambs. Lamb quality was again very good and buyers were presented with good numbers of prime lambs of all weights. There were 4000 merino lambs included. Competition was quite strong again but at rates a little easier. Light lambs suitable for re-stockers were unchanged but trade weight lambs were $2 to $3 cheaper and heavy lambs were back by just $3 to $5 as were merino lambs compared to last week’s sale.

Trade weight Lambs (18-22kg)

$103.00 to $136.00

Heavy Lambs (23-26kg)
$140.00 to $158.00

Extra Heavy Lambs (over 26kg)
$150.00 to $199.00

Store Lambs
$65.00 to $115.00

Heavy merino Lambs
$128.00 to $162.00

Trade weight Merino Lambs
$99.00 to $126.00

Hoggets
$74.00 to $115.00

There were 10127 grown sheep yarded. The market was irregular but the better merino sheep held close to last week’s rates. However crossbreds eased $4 to $5 and plainer light grades were also easier.

Merino Wethers
$73.00 to $126.00

Woolly Merino Ewes
$72.00 to $119.00

Shorn merino Ewes
$65.00 to $88.00

XB Ewes
$70.00 to $106.00

Light Sheep
$17.60 to $72.00

Merino Rams
$65.00 to $83.00

Forbes Cattle Sale

February 4, 2016 By editor

Forbes Cattle Sale

Conducted 01/02/2016

There were 1152 yarded. Numbers remain low in a mixed quality offering. Yearlings suitable for slaughter were a little easier by 3 to 5c a kilo but the feeders sold at firm rates. Heavy steers sold unchanged but cows improved 3 to 5c compared to last week’s sale.

Prime yearling steers up to 440kgs
280.0c to 328.0c

Prime yearling heifers up to 440kgs
255.0c to 308.0c

Feeder steers
290.0c to 335.0c

Heavy Steers over 500kgs
275.0c to 285.0c

Heavy steers over 600kgs

Heavy Heifers
250.0c to 270.0c

Cows – 2 score
212.0c to 224.0c

Cows – 3 score
214.0c to 238.0c.

Heavy Bulls
to 269.0c

Forbes Sheep Sale

February 4, 2016 By editor

Forbes Sheep Sale

Conducted 02/02/2016

Yarded 39718, including 29922 lambs. Lamb quality was again very good and heavy lambs were once again in the majority. There was increased competition from a large field of NSW and interstate buying orders. Heavy lambs were $6 to $9 dearer and extra heavy lambs sold $10 to $15 dearer and more in places. The trade and light crossbred lambs lifted $5 to $7. All other descriptions were also dearer compared to our last sale on 19th January.

Trade weight lambs (18-22kg)
$109.00 to $139.00

Heavy lambs (23-26kg)
$130.00 to $162.00

Extra Heavy Lambs (over 26kg)
$154.00 to $202.00

Store Lambs
$66.00 to $108.00

Heavy merino lambs
$120.00 to $128.00

Trade weight Merino Lambs
$96.00 to $119.00

Hoggets
$95.00 to $116.20

There were 9796 grown sheep yarded and prices improved by $4 to $6 for light and medium weight sheep and as much as $8 for the heavier grades.

Merino Wethers
$73.00 to $111.00

Woolly Merino Ewes
$72.00 to $116.00

Shorn merino ewes
$65.00 to $92.00

XB Ewes
$70.00 to $110.00

Light Sheep
$36.60 to $59.00

Merino Rams
$65.00 to $88.00

The Local Stock Markets

January 14, 2016 By editor

With the second week back of sales at the Forbes Livestock Centre, cattle saw strong competition with good enquiry from feed lots, especially Northern and Queensland based operators. There were 1557 cattle yarded and feeder steer prices were 10 to 15c a kilo dearer and heifer yearlings also improved by up to 15c. Prime yearling steers were 3 to 4c better but cows eased 3 to 4c. It is expected cattle prices will rise as a result of the record breaking rains in
Queensland which has resulted in many areas receiving their first decent rainfall in years.

On Tuesday 33512 sheep were yarded including 24840 lambs, with lamb quality high again. All the usual buyers were competing and the market for all lambs remained fully firm and $2 to $3 dearer for the heavier better finished lambs. There were 8672 grown sheep yarded and prices for medium and heavy sheep were $8 to $12 dearer, with lighter grades $5 to $7 better compared to last week’s sale.

Forbes Sheep Sale

December 17, 2015 By editor

 

Forbes Sheep Sale

Conducted 15/12/2015

Yarded 21718 including 15354 Lambs. Lamb numbers eased despite that the next sale is 3 weeks away on 5th, January 2016. Prices fell again with Lambs $5 to $8 cheaper compared to last week’s sale.

Trade weight Lambs 18-22kgs
$104.00 to $121.00

Heavy Lambs 23-26kgs
$125.00 to $144.00

Extra Heavy Lambs over 26kgs
$140.00 to $164.00

Store Lambs
$59.00 to $100.00

Heavy merino Lambs
to $118.00

Trade weight Merino Lambs
$84.00 to $112.00

Hoggets
$73.00 to $98.00

There were 6364 grown sheep yarded and he market was $7 to $12 a head cheaper and more in places compared to last week’s sale.

Merino Wethers
$70.00 to $88.00

Merino Ewes
$56.00 to $75.00

XB Ewes
$49.00 to $73.00

Light Sheep
$16.00 to $50.00

Merino Rams
$45.00 to $63.00

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