AuctionsPlus commercial sheep and lamb listings fell 43% to total 24,893 head as both listings and demand were again subdued. Final clearance reached 48%, which is back 19 percentage points from last week’s healthy clearance rate. Value over reserve also fell quite substantially, averaging $6 above set reserves, which is down $13 from last week.
In a swap of circumstance from last week, the auction health indicators fell, while the overall market lifted from last weeks lows. The crossbred lamb indicator lifted 21%, or $15 to average $85/head, while the overall market saw all but two categories fall in value where comparisons could be made.
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
Crossbred lamb listings continued their yoyo trend, with offerings falling 41% to total 3,419 head, while selective purchasing resulting in a 51% clearance. The category averaged $85/head, increasing $15 with prices ranging from $31 - $110. From Boorowa, NSW a line of 540 Poll Dorset/Border Leicester/Merino mixed sex Mar/Apr '23 drop and weighing 31kg returned $95/head, or 307c/kg lwt and will travel to a buyer in Wagga Wagga, NSW.
First cross ewe lambs continued their strong run, with prices increasing $36 to average $139/head. The strong average was aided by selective purchasing as clearance hit 32% for the 2,400 head offered. From Grong Grong, NSW a line of 168 Border Leicester/Merino Jun/Jul '22 drop ewe lambs weighing 66kg returned $180/head.
SM first cross ewes registered a larger offering at 600 head with the total offering finding a buyer and prices averaged $190/head. From Bridgewater North, Victoria, 600 head of SM first cross ewes spread across 4 lots returned between $189 - $191/head. These station mated ewes are aged 13 - 14 months will travel to a buyer in Clunes, VIC.
Shedding breed ewes jumped $104 to average $222 for the 1,026 head offered. From Narromine, NSW a line of 8 Australian White/White Dorper ewe lambs aged 10 - 11 months and weighing 48kg returned $120/head, or 251c/kg lwt and will travel to a buyer in Eumungerie, NSW.
Note: Prices as at 5pm Thursday, 27th July 2023
Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices
AuctionsPlus Interactive Sheep Market Report
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s
