Livestock prices fall sharply this week with 'red ink everywhere' for cattle and sheep producers

The week that was for cattle prices. A lot of red ink. (ABC Landline)

Livestock prices fell sharply this week, as cattle and sheep numbers continued to pour into saleyards around the nation.

At Deniliquin on Tuesday, livestock agents reported that "light lambs were treated harshly by buyers" with some small merino lambs selling for as low as $5 each, while the plainest sheep fetched between $8 and $62.