Commercial sheep and lamb listings on AuctionsPlus were level week-on-week, at 88,969 head. Supply was the main driver of the market with lower numbers of joined ewes supporting higher prices. Whereas increased lamb listings saw prices fall across the 39,366 head of lambs. Overall clearance rate reached 35% - up from 24% at the immediate close of auctions due to post-sale negotiations and average value over reserve slipped to $9 – down from $16 at the immediate close. Increased listings in NSW countered smaller listings in most other states.
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
Link 2: National Lamb Sale Results
Link 3: Tuesday National Sheep Sale
Link 4: Results by Region
Crossbred lamb listings increased again this week to total 20,098 head. Prices ranged from $50-$131 and averaged $108/head – down $10 from last week for a 60% clearance rate which rose from 50% on Tuesday. From Oberon, NSW a line of 435 Sep 22’ drop Poll Dorset/Border Leicester/Merino mixed sex store lambs weighing 40kg lwt returned $130/head, or 327c/kg lwt.
Merino wether lamb listings jumped 85% to 11,572 head. Prices ranged from $40-$115 and averaged $71/head – down $9 from last week for a 49% clearance by late Thursday, up from 23%. From Moree, NSW, two even lines of 950 Jul/Aug 22’ drop Merino wether lambs weighing 33kg lwt returned $71/head and will travel to a buyer in Longreach, Western Queensland.
SIL Merino ewe listings were level with last week at 13,928 head. Prices ranged from $81-$246 and averaged $162/head – up $20 on last week for a 33% clearance rate, up from 20% at the immediate close of the auction. From Charlton, Victoria, a line of 125 rising four-year-old Merino SIL ewes weighing 59kg lwt returned $170/head and will travel to Lucindale, SA.
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices