Originally published Wednesday 20th July 2022, Updated 22 July 2022
AuctionsPlus commercial sheep and lamb offerings increased 14% this week, to 44,314 head. Results over previous weeks have proved the existence of a stalemate in the market, with both vendors and buyers unable to reach common ground, as clearance rates remain subdued across most categories. The traditional rhythm of the sheep and lamb market has become unbalanced in recent months, with rising costs, the ongoing wet conditions and lingering uncertainty weighing heavily on the sentiment of the market. Prices for the largest lamb categories eased, while SIL Merino ewes and SIL First cross ewes experienced increases on last week.
