There are reports of forward contracts for August being offered at the magic 1000/kg cwt writes Mecardo's Angus Brown.
Studs from all over Australia were in the prizes during the first day of the Australian Sheep & Wool Show in Bendigo.
Every year, the Frost family of Hillden Poll Dorset stud, Bannister, NSW, make the 650-kilometre trip to the Australian Sheep & Wool Show.
Bendigo's Catherine McAuley College students are busy preparing their Polwarth stud sheep for this year's Australian Sheep & Wool Show.
Eyes will be on Bendigo as the Australian Sheep & Wool Show's Merino ram sale kicks off the ram selling season and sets the precedent for a busy period ahead.
Top quality lambs continue to attract solid competition at saleyards right across NSW and the season topping highs show little sign of slowing down.
Lamb prices have continued to solar into orbit as the world celebrates Neil Armstrong's first walk on the moon 50 years ago.