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Australian Livestock Auction Action Rises
SYDNEY - Jul 27/07 - SNS -- Livestock sold through online auctions managed by AuctionsPlus Pty Ltd fell jumped the past week on sharply higher sheep offerings.
Throughput for the week totalled 46,449 sheep and lambs, versus 24,043 head during the previous week's auctions, and 2,676 head of cattle, compared to 2,929 last week.
"Gloomy economic news from around the world dominated the news this week as well as the worrying reports from China regarding wool imports. The dollar continues its merry way and must be causing a hernia for most exporters," AuctionsPlus's Dean Lemmich said.
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