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AuctionsPlus commercial cattle listings reached a level not seen since since early June, soaring 47% this week to 15,104 head. Whi...
There was fierce competition across AuctionsPlus commercial sheep and lamb markets this week with clearance leaping 21 points to 8...
AuctionsPlus commercial cattle listings lifted again this week to reach 10,257 head, increasing by 6%. The larger offering was met...
AuctionsPlus recorded its largest offering since early June, and strong price gains were seen across much of the platform, particularly for steers.
Strong buyer demand was seen across AuctionsPlus commercial sheep and lamb listings with prices rising another 3% for crossbred lambs, and very strong clearance rates.
The offering available on the AuctionsPlus platform has again continued its upward trend, most noticeably in heavier lines of both steers and heifers.
Recent rain in NSW and QLD breathed new life into the market with main indicators up on last week, although listings were marginally down.
The positive weather is putting confidence into the market with lighter weight steers and heifers recording significant price rises and very high clearance rates.
The sheep and lamb market was mixed this week, with price fluctuations experienced throughout. Total listings were down, as was clearance but VOR rose.
Of significant note this week was the number of heavier lines of steers offered with 903 head or 33% of the total offering of steers, being made up made up of 400kg+ lines. It didn't affect competition, with all steers returning better prices than last week.
AuctionsPlus commercial sheep and lamb numbers rose this week to 77,917, jumping by 11% from the previous week. Clearance came back slightly, falling four percentage points to 65% and value over reserve also fell, finishing the week at an average of $6 above set reserves.

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