AuctionsPlus commercial cattle listings fell by 10% to 16,743 head this week. The average values over reserve measure extended by $16 to $96/head, indicative of strong competition within lots that were favoured by buyers.
AuctionsPlus commercial sheep and lamb listings fell 6% to 78,266 head this week. The smaller offering was met with mixed competition as clearance fell by 5 percentage points to 45%.
AuctionsPlus commercial sheep and lamb prices were mixed this week, with the crossbred lamb indicator falling 16% to $98/head and the restocker ARLI climbing 9c to average 548c/kg lwt.
AuctionsPlus commercial sheep and lamb prices were mixed this week, with the crossbred lamb indicator rising 3% to $114/head and the restocker ARLI indicator dropping 30c to average 533c/kg lwt.
Listings continued their strong start to the year on AuctionsPlus with a 14% lift in head offered to 19,457. Prices continue to show decent growth on the AuctionsPlus Young Cattle Indicator, up 13 points to 381.
AuctionsPlus commercial sheep and lamb listings jumped up this week to 91,837 head, rising 62%. The larger offering was well received by buyers and a clearance rate of 67% was achieved.
