Rams peaked at $23,000 and ewes at $7500 at Tattykeel's annual stud Poll Dorset sale near Oberon.
The national commodity forecaster, ABARES, is predicting another big jump in lamb and mutton prices this financial year.
Margins on lotfed lambs don't just depend on the price of feed, buy and sell prices also come into it writes Mecardo's Angus Brown.
AN outstanding Poll Merino from Glenlea Park stud,Pinnaroo, named 'Smithy' after Australian cricketer Steve Smith cracked a ton, $100,000 - at the 2019 Adelaide Stud Merino and Poll Merino Ram sale.
Market analysts aren't worried despite the Eastern States Trade Lamb Indicator falling below 800 cents a kilogram.
The Stock Take: Mecardo's Angus Brown writes about the demand for lambs to take advantage of spring feed.
Sheep processors don't think the traditional flush of new-season suckers will seriously dampen prices this spring.