Climbing Australian dollar and dry weather hits prices hard | Photos, Video

AFTER a run of historical highs for the sheep and wool industry prices have started to soften.

A climbing Australian dollar affected export weight lambs at the Wagga market on Thursday morning and the dry weather was enough to spread caution among restockers who were sourcing store stock. 

The prospect of a dry winter was looming and buyers and vendors commented that the region needed a decent rainfall event to boost crops and pastures. 

New-season sucker lambs provided a bright light with the tops making $166 and other quality pens from the Ganmain area commanding as much as $165. 

Vendors yarded a total of 43,850 sheep and lambs at the sale. Full market report to follow.