The Australia Day long weekend crimped sheep and lamb sales as expected, leading to a reduced offering of 77,456 head, down 14% on last week. Clearance dropped, though remained a healthy 78%, while prices were mixed. The crossbred lamb indicator added 6% on last week's settled sales, although the AuctionsPlus Restocker Lamb Indicator lost 5c/kg carcase weight. The ARLI is just 5% down on this time last year.

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AuctionsPlus commercial cattle offerings lifted again this week, rising 43% to 11,281 head. Clearance remained strong at 85%, up o...
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...
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
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.

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