AuctionsPlus commercial sheep and lamb listings lifted on last week, with 94,997 head offered across this week’s sales – up 19% on last week, and down 30% on the corresponding week in 2022. Lamb listings remained relatively low compared to previous weeks with 37,126 head offered, while higher overall listings were driven by non-station mated ewes. The higher offering saw mixed prices and clearance rates across both sheep and lamb categories. Overall clearance rates improved on last week as vendors and agents adjust reserves to meet the market.
Listings of crossbred lambs remained steady with 15,839 head offered. Prices ranged widely from $62-$149 and averaged $116/head, reaching a 90% clearance rate. From Euroa, Victoria, a line of 230 White Suffolk/Merino Jun 22’ mixed sex lambs weighing 42kg lwt returned $140/head, or 330c/kg lwt.
Merino wether lambs registered a 66% increase in listings to 9,296 head this week which applied some downward pressure on prices, ranging from $45-$115 and averaging $79/head – down $11 from last week for a 69% clearance rate, up from 50% at the immediate close of auctions. From Collie, NSW, a line of 445 Merino Aug 22’ drop store wether lambs weighing 37kg lwt returned $82/head, or 220c/kg lwt.
Listings of first cross ewe lambs eased 19% this week, with 5,360 head averaging $142/head – down $52 from last week for a clearance rate of 43% by Thursday. The increased clearance rate on last week coupled with the lower average price indicates an adjustment to vendors reserve expectations. From Ganmain, NSW, a line of 291 Border Leicester/Merino May/Jun 22’ drop ewe lambs weighing 34kg lwt returned $132/head - $52 over the reserve price.
Composite/other breed lambs registered 4,016 head offered – up 31% on last week. Prices ranged significantly from $33-$139 and averaged $121/head – down $4 from last week for a 75% clearance rate. From Weerite, Victoria, a line of 400 Composite Jul/Aug 22’ drop mixed sex store lambs weighing 35kg returned $109/head to a buyer from SA.
Sheep numbers rose 25% on last week, with 57,801 head offered across both sales. The biggest increase across sheep categories came from non-station mated ewes, rising 41% on last week. The larger offering resulted in mixed prices and clearance rates while Merino ewes and ewe hoggets were firm despite significantly higher supply.
SIL Merino ewes registered a strong increase in numbers for the second week, with 11,998 head offered – up 38% on last week. Prices were firm, averaging $166/head while clearance also improved on last week at 41%. From Urana, NSW, a line of 200 Poll Merino ewes rising two years of age, weighing 68kg lwt and SIL to White Suffolk/Southdown rams returned the top price of $234/head.
Listings of SIL first cross ewe were steady on last week with the 2,298 head met with strong demand. Prices increased $93 on last week to average $282/head, with a 57% clearance rate. From Boorowa, NSW, two even lines of 145 Border Leicester/Merino rising two year old ewes SIL to Border Leicester rams, weighing 60kg lwt returned $271/head.
SIL shedding breed ewes registered 1,289 head this week, down 44% from the highs of last week. Prices ranged from $171-$402 and averaged $248/head – up $47 on last week for a 62% clearance rate. From Bollon, Queensland, a line of 365 Dorper rising two year old ewes SIL to Australian White and White Dorper rams, weighing 60kg lwt returned $230/head.
NSM Merino ewe hoggets had a total of 9,732 head offered across the category – increasing 80% on last week. Prices were firm to average $157 head while clearance reached 33%, up from 17% at the immediate close of auctions. From Trundle, NSW, a line of 320 Merino ewe hoggets aged 18-19 months old and weighing 57kg lwt returned the top price of $206/head.
NSM Merino ewes saw listings increase 78% to 14,821 head offered. Prices ranged from $56-$201 and averaged $123/head – up $32 on last week for a 56% clearance late Thursday. From Curban, NSW, a line of 520 Merino NSM ewes rising six years of age and weighing 65kg lwt returned $120/head.
3,569 head of Merino wethers were offered this week, while prices eased $46 to average $83/head, clearance rates improved to 91% late Thursday, up from 58% at the immediate close of the sale. From Charam, Victoria, a line of 695 Merino wethers aged 17-18 months old and weighing 54kg lwt returned $90/head.
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