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Sheep & Lamb

Buyer & Seller Power Rankings: Sheep and Lamb March 2021

AuctionsPlus inaugural quarterly “Buyer and Seller Power Rankings” has been developed by the AuctionsPlus Market Insights (AMI) team to increase market awareness regarding the transactional trends and regional movement of sheep and lambs through Australia’s largest livestock market.

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Market Insights

Shedding breeds providing opportunities in 2020

2020 continues to be the year for price records, as the flock rebuild takes place across the Eastern States of Australia. The demand for breeding ewes has significantly outweighed available supplies, consequently setting multiple price records. Scanned in lamb (SIL) first cross ewes set a record back in July, selling for $476/head, while more recently, Australian Whites with lambs at foot (LAF) sold for $493/head. Complementing the record ewe prices, shedding breed rams sold to exceptionally high prices and strong clearance rates throughout spring ram sales across the country.

Cattle

The Stud Season That Was

The spring stud season has always been a busy period at AuctionsPlus with online connectivity featured at many stud sales across Australia. 2020 has seen very different circumstances at play forcing studs to adapt to new rules and restrictions in order to have their on-property sales.

Cattle

Beef and Lamb worlds apart…. Or maybe not?

Over the course of 2020, we have seen the store market rise to new highs for both sheep and cattle. The combination of low supply and high demand created what is described as the ‘perfect storm’, resulting in record prices at the beginning of the year. For the cattle market, intense competition between restockers and processors has sustained the high prices.

Cattle

September Market Wrap

Cattle - By Tom Rookyard pring has sprung and so did cattle numbers online. Numbers jumped by 19,000 in August to see 73,958 commercial cattle offered in September. The market appears to be holding as producers look towards the southern weaners sales with an 81% clearance rate across all sales. Southern Queensland was again the largest lister of cattle, closely followed by North West NSW and the Central West of NSW, making up 13%, 9% and 9% of the cattle offered online respectively.

Market Insights

Abundance of opportunities for farmers turning off lighter lambs.

Spring has arrived and with a wetter than average season predicted across the eastern seaboard, there is no doubt farmers will have new season lambs to sell, likely with much more weight than this time last year. Farmers are left with the decision to either sell earlier, aiming for 16 – 20kg dressed weight (DW), or retain on farm and fatten to reach prime trade weights of 20 – 24kg DW. There are several factors to consider when making this decision, however the underlying driver is profit. In making these decisions, producers should look to assess the costs of retaining lambs in comparison to cashing in earlier.

Cattle

2020/2021 Southern Weaner Selling Season Preview

2020 has thrown a few curve balls at people, however what is sure to be a certainty is that producers in South Australia and Victoria will have weaners to sell, and with drought breaking rain New South Wales producers will be looking to buy. Leading up to the peak southern weaner selling season the AuctionsPlus Market Insights (AMI) have reviewed market and sale data to offer insights for buyers and sellers. The AMI team has reviewed data of steers and unjoined heifers from South Australia and Victoria, 12 months and under, offered during the traditional selling season of November through to February.