Market Comments

Weekly Sheep & Lamb Comments - Week ending Friday 7th July

Written by AuctionsPlus | Jul 7, 2023 7:07:52 AM

AuctionsPlus commercial sheep and lamb listings lifted to 37,483 head, increasing by 16%. The larger offering contributed to a lower clearance of 56%, while value over reserve fell by $1 to average $12.

Lamb prices remained relatively stable, however clearance rates were back from last week’s strong results.

Some more mixed results for the sheep market with clearance ranging from 3% to 100%, while average prices rose in three categories.

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 registered a larger offering with 5,015 head, with prices increasing on last week to average $86/head – up $1 with a 54% clearance. From Vasey, Victoria, a line of 720 Border Leicester/Merino mixed sex Aug/Sep ’22 drop lambs weighing 35kg returned $66/head, or 191c/kg lwt and will travel to a buyer in Sanderston, SA.

Merino wether Lambs jumped 29% with an offering of 2,870 head, with prices decreasing by $6 on last week to average $56/head - achieving a 90% clearance rate. From Cunnamulla, QLD, a line of 660 Merino Sep/Oct '22 drop weighing 34kg returned $55/head, or 163c/kg and will travel to a buyer in Temora, NSW.

SIL Merino ewes also registered a larger offering with 6,081 head, with prices decreasing by $9 on last week to average $95/head, for a 73% clearance. From Hillston, NSW, a line of 253 Merino ewes aged 3.5 to 4 years old and weighing 71kg returned $140/head, or 197c/kg and will travel to a buyer in Goolgowi, NSW.

SIL Composite/Other breed ewes registered 2,753 head and averaged $144/head - up $10 on last week for a 72% clearance. From Tarago, NSW, two even lines of 265 SIL Primeline ewe lambs aged 12 months old and weighing 46kg returned $160/head. 

Note: Prices as at 5pm Thursday, 6th July 2023

Table 1: AuctionsPlus National Weekly Sheep and Lamb Prices

 

AuctionsPlus Interactive Sheep Market Report