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%. Value over reserve also fell, finishing the week at an average of $6 above set reserves. Despite the drop in the crossbred lamb indicator, over half of reported sheep and lamb categories registered price gains, which was spread across all stock categories. A particular highlight this week was the stronger prices received for Merino type categories, with all but Merino ewe hoggets experiencing price increases.
