AuctionsPlus commercial sheep and lamb listings jumped this week to 97,847 head, rising 7%. The larger offering met with mixed reaction by buyers, receiving a clearance rate of 53%, which was 17 percentage points lower than the previous week.
AuctionsPlus commercial sheep and lamb listings jumped up this week to 91,837 head, rising 62%. The larger offering was well received by buyers and a clearance rate of 67% was achieved.
AuctionsPlus sheep and lamb listings were down again this week as NSW producers were much less active. Demand for joined ewes continued to soar with one category rising $75/head.
Listings were down due to the long weekend but prices continue to hold and are now just 5% off this time last year. Pregnant Merino ewes were the standout, up $50 a head.
The second week of sheep and lamb sales for 2024 registered a much stronger offering of 90,322 head, with demand falling on last week but still healthy.
The AuctionsPlus commercial sheep and lamb markets rose sharply this week with price increases across the board as growers looked to take advantage of confidence ahead of the Christmas shutdown.
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