AuctionsPlus commercial sheep and lamb listings fell 25% this week to 48,369 head due to the shorter week with the Easter Long weekend. The market was generally stronger with only a handful of categories falling in price. Value over reserve fell $1 to $9/head, dropping from $17 on Tuesday due to post-sale updates. Clearance rate was again healthy this week, with the lower listings resulting in an 8 percentage point rise to 62% clearance. Confidence in the season has improved with recent rains and tighter supplies has increased competition, pushing prices for most categories higher.
