AuctionsPlus commercial cattle offerings lifted again this week, rising 43% to 11,281 head. Clearance remained strong at 85%, up on the 78% clearance of this time last week. Given last week's ultimate clearance of 87% following post-auction sales, the trend is looking very positive. Value over reserve also showed a positive increase, up $21 to $151. 

ADVERTISEMENTS
The second week of sheep and lamb sales for 2024 registered a much stronger offering of 90,322 head, with demand falling on last w...
AuctionsPlus commercial cattle offerings boosted to 7,905 head compared to last week's numbers of 4,536, a difference of 74%. Clea...
The first week of commercial sheep and lamb sales of 2024 was met with welcomed positivity, with all market indicators being in th...
The second week of sheep and lamb sales for 2024 registered a much stronger offering of 90,322 head, with demand falling on last week but still healthy.
AuctionsPlus commercial cattle offerings increased more than 50% this week and recorded a $29 lift in average prices.
The first week of commercial sheep and lamb sales of 2024 was met with welcomed positivity, with all market indicators being in the green.
First sale for 2024 saw low listings, but stronger prices for steers and heifers
AuctionsPlus sheep markets excelled despite disjointed selling week, achieving 85% clearance, $16 VOR, and a 12% increase in the Restocker Lamb indicator.
AuctionsPlus commercial cattle saw little more than a third of the total listings cleared with confidence seemingly tested by last week’s muted confidence.
AuctionsPlus commercial sheep listings rose 21% to their highest level since April. Buyer demand was high at 84% clearance and prices rose strongly.
Vendors tested the market with the highest listing in over a year, as producers looked for a Christmas bump. The larger offering was met with lower clearance and prices.

Sign up to our weekly news updates

Connecting with communities across regional and rural Australia.