After a disrupted week due to the Australia Day long weekend, AuctionsPlus cattle sales rebounded this week with listings rising almost threefold to 17,012. Compared to the start of last year, the industry is leaping out of the gates — it wasn't until April of 2023 that AuctionsPlus had that many head offered.

The trend of big offerings that we saw last year has continued, and buyer sentiment continues to be strong despite the volume — clearance was a robust 75% while prices are holding. Value over reserve erased last week's fall to rise 20%. 

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AuctionsPlus saw a 27% drop in listings this week, driven mainly by New South Wales, to a total of 56,579. Clearance was relativel...
AuctionsPlus experienced a 39% decline in commercial cattle listings this week with 6,934 head offered. The disruption caused by t...
The Australia Day long weekend crimped sheep and lamb sales as expected, leading to a reduced offering of 77,456 head, down 14% on...
AuctionsPlus sheep and lamb listings were down again this week as NSW producers were much less active. Demand for joined ewes continued to soar with one category rising $75/head.
Processors were active this week, with 19% of the sold offering being secured by a processer buyer, or 1,008 head going to seven different buyers.
Listings were down due to the long weekend but prices continue to hold and are now just 5% off this time last year. Pregnant Merino ewes were the standout, up $50 a head.
AuctionsPlus commercial cattle offerings lifted again this week, rising 43% to 11,281 head. Clearance remained strong at 85% while value over reserve also showed a positive increase, up $21 to $151.
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

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