New season lambs have hit the market in much larger numbers, with the 17,690 head jumping almost 200% from last week’s 5,965 head offering. This week’s offering made up 82% of all new season lambs offered for the year.
AuctionsPlus commercial sheep and lamb listings lifted an additional 62% this week, totaling 20,732 head. The increased offering was positively received, with all key indicators finishing the week in the green, including a substantial upswing in prices.
AuctionsPlus commercial sheep and lamb listings dropped a further 24% this week, totaling 12,831 head, and clearance rates also dropped 20 percentage points to 52%.
AuctionsPlus commercial sheep and lamb listings more than halved this week, totaling 16,919 head and clearance rates also dropped 4 percentage points to 72%.
Crossbred lambs continue their strong price run, with the category averaging $130 for the month of June, which is the highest monthly average for the category since August 2022.
AuctionsPlus General Manager-Network analyses the online sheep market trends from the week, including significant post-auction negotiations bumping the final clearance figures and other insights.
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