AuctionsPlus commercial cattle listings fell by 30% this week to 12,434. The smaller offering saw good take-up by buyers however, with clearance rebounding 23 points on last week's poor showing to 59%.
AuctionsPlus commercial sheep and lamb listings jumped 20% to 77,452 head this week, driven by Merino Wethers and Shedding Lambs. Clearance dropped 19% while value over reserve rose to $6.
A tough week for commercial cattle this week with the 17,760 head managing to clear just 36%. Steers 280-330kg have held steady in terms of price but the AuctionsPlus Young Cattle Indicator fell 23 points.
AuctionsPlus commercial sheep and lamb listings jumped 20% to 77,452 head this week, driven by Merino Wethers and Shedding Lambs. Clearance dropped 19% while value over reserve rose to $6.
AuctionsPlus commercial cattle lifting rose slightly to 17,205 head. Competition was subdued however, with a clearance of 54%, down 10 percentage points on last week.
AuctionsPlus commercial cattle listings fell by 10% to 16,743 head this week. The average values over reserve measure extended by $16 to $96/head, indicative of strong competition within lots that were favoured by buyers.
AuctionsPlus commercial sheep and lamb listings fell 6% to 78,266 head this week. The smaller offering was met with mixed competition as clearance fell by 5 percentage points to 45%.
