AuctionsPlus commercial sheep and lamb listings fell 17% this week, with 27,842 head offered. Value Over Reserve and clearance were steady on last week, supported by the reduced listings and lower reserves. The proportion of lots sold after the sale reduced from 71% last week to 30% this week as vendors and agents adjust to market values.
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
Report: Interactive Market Dashboard
Crossbred Lamb listings increased again this week with 8,278 head, the higher supply pushed prices down by $10 from last week to average $63/head - for a 57% clearance. From Merrygoen, NSW a line of 760 Apr/May '23 drop Dorset/Border Leicester/Merino mixed sex lambs weighing 29kg returned $66/head, or 230c/kg.
Merino Wether Lambs registered a smaller offering with 2,465 head, with prices decreasing by $5 on last week to average $43/head - for a 14% clearance. From Eudunda, SA a line of 140 Mar/Apr '23 drop Poll Merino/ Poll Merino wether suckers weighing 36kg returned $54/head, or 151c/kg lwt.
Ewes & Lambs (Mixed) registered a larger offering with 1,418 head, with prices averaging $177/head - up $20 from last week for a 46% clearance. From Panuara, NSW a line of 151 Primeline/Primeline ewes aged four years old and weighing 73kg returned $152/head and will travel to a buyer in Lake Wendouree, VIC
Note: Prices as at 5pm Thursday, 17th August 2023
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
AuctionsPlus Interactive Sheep Market Report