Listings dropped away for the final AuctionsPlus commercial cattle sale of 2022, down 48% from last week to 9,679 head – the lowest weekly level since August.
While the recent decline in the cattle market has corresponded with a run of dry conditions, it’s far more indicative of a market with motivated sellers and very watchful buyers.
Post-sale negotiations in the 48 hours following auction continued to facilitate a considerable lift in clearance rates across both sheep and lamb categories.
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