AuctionsPlus News

AuctionsPlus commercial cattle numbers lifted by 23% this week, with 12,903 head offered. However, demand eased compared to previous weeks, now sitting at 65%. Value over reserve continued to rise, averaging $122 above set reserves - $52 higher than the lowest VOR recorded in the past month. The AuctionsPlus Young Cattle indictor fell by 5c to average 754c/kg dw.

AuctionsPlus commercial cattle numbers lifted by 23% this week, with 12,903 head offered. However, demand eased compared to pre...

AuctionsPlus commercial cattle numbers fell substantially this week, decreasing by 26%, to 12,416 head offered. Despite a tight...

AuctionsPlus commercial sheep and lamb listings increased by 2.9% this week, totaling 35,191 head. Clearance ...

The difference between set start and reserve rates had a significant impact on clearance rates this week. Lots reserve rates that were set at 5% and under above the start price returned a 68% average clearance, whereas those set further apart, above 5%, only averaged a 37% chance of selling.
Crossbred lambs continue their strong price run, with the category averaging $130 for the month of June, which is the highest monthly average for the category since August 2022.

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