Commercial cattle offerings eased this week, with 11,983 head offered on through AuctionsPlus — down 12% on the previous week. Despite the smaller yarding, prices across several key categories lifted, buoyed by strong restocker demand.
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%.
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