There has been a significant improvement in clearance rates across lamb, sheep and cattle sales on AuctionsPlus this week. AuctionsPlus commercial cattle listings slipped 17% to 7,497 head, while clearance jumped 14 percentage points to 48%. Young cattle prices continued to slide, which suggests that the improvement in clearance rate is due to widespread adjustments to reserve prices. The urgency of a successful sale has increased as drier conditions put pressure on carrying capacity.