The AuctionsPlus commercial sheep and lamb markets gradual grind higher of offerings came to a halt this week, with total listings dropping by 6% to 73,089 head. The value over reserve increased marginally to $7, and despite the smaller offering the clearance rate declined to 61%. The market was mixed this week, with price fluctuations experienced throughout.

ADVERTISEMENTS
AuctionsPlus commercial cattle listings lifted by 12% this week, to total 6,151 head. The slightly larger offering was met with si...
AuctionsPlus commercial sheep and lamb numbers rose this week to 77,917, jumping by 11% from the previous week. Clearance came bac...
AuctionsPlus commercial cattle listings slipped to 5,479 head, decreasing by 32%. Strong competition was spurred by the smaller of...
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.
AuctionsPlus commercial cattle listings slipped to 5,479 head, decreasing by 32%. The smaller offering saw stronger clearance at 78%.
AuctionsPlus commercial sheep and lamb numbers remained steady at 70,078. Clearance rose 7% to finish the week at 69%, while all lamb dropped in value
AuctionsPlus commercial cattle listings were down this week by 6%, with a total offering of 8,111 head. The smaller offering was met with stronger competition, as clearance rose by 5 percentage points to 59% and value over reserve lifted by $23 to average $111.
AuctionsPlus commercial sheep and lamb numbers increased by 15% this week. Higher supply met weaker demand, with clearance down 10% to finish at 62%.
AuctionsPlus commercial cattle listings lifted to 8,630 head, increasing by 14%. The larger offering was met with reduced competition as clearance fell to 51% and value over reserve fell by $52 to average $88.
AuctionsPlus commercial sheep and lamb numbers decreased slightly this week by 3% to see 61,823 head offered. Yarding numbers were driven by a return to more common levels for crossbred lambs, while higher sheep and joined ewe offerings helped offset the decrease in Merino wether lamb numbers.

Sign up to our weekly news updates

Connecting with communities across regional and rural Australia.