AuctionsPlus commercial sheep and lamb listings increased 14% this week to 39,464 head, with green indicator arrows across the board. The weekly indicators were led by the clearance rate, which shot up to 75% this week, marking the highest weekly clearance since the final week of February 2024. The strong demand was mainly driven by a robust Tuesday National Lamb sale, which resulted in an 85% clearance for the 21,897 head on offer. Price over reserve lifted $1 to average $11 above set reserves, and the AuctionsPlus Restocker Lamb Indicator lifted by 165c to finish the week at 677c/kg dressed.
