Market Comments

Weekly Sheep & Lamb Comments - Week ending Friday 30th June

Written by AuctionsPlus | Jun 30, 2023 2:00:12 AM

AuctionsPlus commercial sheep and lamb listings lifted by 5% to 31,642 head, as demand picked up this week with clearance increasing 27 percentage points to 63% after last week’s very subdued clearance. The market generally picked up this week, with lamb prices remaining firm to stronger as clearance rates for four out of the five lamb categories reached a perfect result. Some more mixed results for the sheep market, with clearance ranging from 8% to 95% and average prices falling for three categories, while four increased.

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 Lambs jumped 47% on last week with an offering of 4,291 head, as prices remained firm at $85/head for an 82% clearance. From Dubbo, NSW, a line of 520 Border Leicester/Merino mixed sex Feb/Mar '23 drop lambs weighing 31kg returned $86/head, or 277c/kg lwt and will travel to a buyer in Griffith, NSW.

Merino wether lambs registered a smaller offering at 2,048 head, with prices increasing on last week to average $61/head - up $5 for a 100% clearance. From Mullion Creek, NSW, a line of 195 Merino September '22 wether lambs weighing 41kg returned $75/head, or 181c/kg lwt and will travel south to a buyer in Wodonga, Victoria.

SIL Merino ewes offerings jumped 17% at 5,969 head, with prices also increasing to average $102/head - up $2 from last week at a 60% clearance. From Adaminaby, NSW, a line of 216 rising three-year-old Merino ewes scanned in lamb to Border Leicester rams and weighing 50kg returned $115/head.

SIL first cross ewes consolidated their strong run in recent weeks, with prices increasing by a further $3 as offerings fell on last week at 1,288 head. From Peak Hill, NSW, a line of 204 Border Leicester/Merino ewes aged 14 - 15 months old and weighing 59kg returned $190/head, and will travel to a buyer in Horsham, Victoria.

Note: Prices as at 5pm Thursday, 29th June 2023

Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices

 

AuctionsPlus Interactive Sheep Market Report