AuctionsPlus commercial sheep and lamb listings fell 13% to 51,497 head this week and was met with a 75c/kg rise to the AuctionsPlus restocker indicator known as ARLI which is now sitting at 633c/kg. There was also an 11% rise of the crossbred lamb indicator to $128.
There was a nine percentage point jump in the clearance rate to 59%, however Value Over Reserve rose by $5 to average $11 across all listings.