AuctionsPlus commercial sheep and lamb listings fell by 9% this week to 36,026 head. The tighter supply was met with another week of strong clearance rates, averaging 78% for the week, which is a three-percentage point rise from last week. The crossbred lamb indicator couldn’t continue last week’s price rally, reducing 9% to average $138/head, and it was much the same for the AuctionsPlus Restocker Lamb indicator, which fell 28 cents to finish the week at 640c/kg dressed weight.
