Commercial sheep and lamb listings on AuctionsPlus rose 20% on last week with 69,049 head - 32% higher than the same week last year. Value over reserve slipped $5 to average $7 and clearance rate was flat week-on-week. Results were mixed across the board while demand for crossbred lambs was strong. Listings of joined and unjoined ewes increased 61% and 42% respectively while fewer lambs were on offer.
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
Link 2: National Lamb Sale Results
Link 3: Tuesday National Sheep Sale Results
Report: Interactive Market Dashboard - NEW
Crossbred lambs registered 11,201 head and averaged $113/head – increasing $13 on last week for a 63% clearance rate, up from 38% last week. Prices ranged from 229 - 342c and averaged 293c/kg lwt. From Cooma, NSW, a line of 670 Sep 22’ drop Poll Dorset/Merino mixed sex store lambs weighing 40kg returned $121/head or 302c/kg lwt.
A total of 4,160 Merino wether lambs were offered, which is a 61% drop from last week’s listings. Tighter supply increased competition with prices averaging $61 – up $6 on last week. Clearance rate reached 67%, which rose 10% from last week. Prices ranged from 147 - 232c and averaged 179c/kg lwt, which is a 14c increase from last week’s sale. From Balmoral, Victoria, a line of 380 Aug 22’ drop Merino store wether lambs weighing an average of 31kg returned $56/head or 178c/kg lwt.
There was more downward adjustments for SIL Merino ewes as prices fell $40 this week to average $102/head. Higher supply contributed to the decline, with 62% more ewes offered for sale at 12,641 head. Prices ranged from $58 to $185, and the clearance rate reached 45%. From Milaton, SA, 225 Poll Merino rising two-year old ewes SIL to Merino rams, returned $163/head or 251c/kg lwt.
SIL first cross ewes registered 10,843 head and averaged $207/head – down $9 from last week for a 24% clearance rate. Prices ranged from $90 - $281 and averaged $207/head or 333c/kg lwt. From Ballarat, Victoria, seven lines of a total 1,166 SIL Border Leicester/Merino ewes, aged 12 months old and averaging 62kg, returned an average of $277/head, ranging from $270 - $281.
Note: Prices as at 5pm Thursday, 25th May 2023
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
AuctionsPlus Interactive Sheep Market Report