Prime & Store Sheep Reports

AuctionsPlus reports record gross sales of $3.5 billion

Sheep Central, August 10, 2022

ONLINE rural marketplace AuctionsPlus has reported record gross merchandise sales in 2021-22 of $3.5 billion, up 49 percent on the previous year.

The result has been driven by record user registrations and 2021-22 livestock throughput, cementing the platform’s position as Australia’s largest digital agricultural marketplace.

AuctionsPlus said it has attracted record livestock numbers, machinery and clearing sales, working dog sales, property and equine auctions in the past financial year.

This has come with increased website traffic, with 138,830 total registered users and an average of 1,047,763 page views a week.

AuctionsPlus said it offered 898,747 head of cattle and 4,677,638 sheep and lambs across FY22.

New South Wales continued to be the top listing state for sheep and cattle, while Tasmania registered the largest increase in listings for both species.

AuctionsPlus said it has continued to see a rise in goat listings, aided by the increased demand and prices across the industry, with 154,041 head offered. Queensland dominated the listings, as goat numbers continue to rise in northern Australia.

The ability to expose vendors to a national audience – with an average of 41,796 website visitors and 1,047,763 page views a week – has fuelled growth in stud sales, AuctionsPlus said. In FY22, AuctionsPlus held 439 stud sheep sales – up 48pc — and 429 stud cattle sales — up 18pc, from FY21.

The platform said it continued to see increases in non-livestock commodities, with property sales up 139pc, with machinery and clearing sales increasing by 63pc.

Click here to see the full AuctionsPlus 2021-22 report.

Source – AuctionsPlus.

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