AuctionsPlus commercial cattle numbers lifted 31% this week to 12,441 head offered. The Value Over Reserve increased $40/head to $119, indicating that reserves are being set at optimal levels.
AuctionsPlus commercial sheep and lamb listings lifted an additional 62% this week, totaling 20,732 head. The increased offering was positively received, with all key indicators finishing the week in the green, including a substantial upswing in prices.
AuctionsPlus commercial cattle numbers fell 24% this week to 9,525 head offered. The Value Over Reserve increased $8/head to $95, while the clearance rate fell 8 percentage points to 82%.
AuctionsPlus commercial sheep and lamb listings dropped a further 24% this week, totaling 12,831 head, and clearance rates also dropped 20 percentage points to 52%.
