Previous Close Sheep Markets Summary
Sheep and lamb markets were mixed across Australia, with mutton markets generally strengthening while lamb prices varied by weight category and quality, particularly in larger eastern state yardings.
The trends appear to be:
- Mutton markets were generally stronger across most centres
- Heavy lambs mostly held firm, supported by processor demand
- Trade and lighter lambs faced some price pressure in several markets
- Well-finished lambs continued to attract the strongest competition
- Sheep prices generally outperformed lambs
- Quality remained a key factor influencing market performance
East Coast (NSW, VIC)
Overall mixed market, with stronger mutton values offsetting softer trends in some lamb categories.
NSW results were mixed:
- Forbes (15,700 lambs, 7,000 sheep) saw heavy lambs hold firm, lighter trade lambs ease $10–$15/head, and mutton strengthen
- Inverell (1,756 lambs, 1,419 sheep) recorded stronger medium and heavy lamb prices, while sheep sold to mixed trends with firmer ewe categories
VIC (Ballarat) saw:
- Ballarat (17,375 lambs, 4,264 sheep) yarded larger, better-quality numbers, with lamb prices mostly firm to $8 easier and mutton values dearer
- Demand remained strongest for well-finished lambs and sheep
Summary: Eastern state markets remained selective, with heavy and quality lambs generally holding value while mutton prices strengthened across most centres.
South Australia
Mixed to firm market.
- Naracoorte (1,786 lambs, 488 sheep) recorded mostly firm to slightly easier lamb prices, while sheep and mutton values lifted
- Dublin (3,900 lambs, 600 sheep) saw trade and heavy lambs ease slightly, while store lambs and mutton remained firmer
Summary: Mutton continued to outperform lambs, while lighter store lambs attracted solid support.
Tasmania
Powranna (1,073 lambs, 956 sheep) saw:
- Lamb prices improve on stronger competition
- Mutton values ease as buyer interest softened
Summary: A stronger lamb market offset softer sheep values.
Western Australia
Muchea (3,218 lambs, 638 sheep) saw:
- Strong demand for heavy and extra-heavy lambs
- Ram lambs topped at $378/head
- Smaller yardings supported market performance
Summary: Heavy lamb categories remained well supported, with the market holding firm despite reduced numbers nationally.
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Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No Reports
New South Wales
- IRLX Inverell sheep report (MLA): Yarding: 3,175, (-26). Inverell’s stable yarding saw stronger prices for medium and heavy lambs, while sheep values were mixed with limited restocker activity and firmer ewe categories. Full report available here
- Forbes sheep report (MLA): Yarding: 22,700, (-9,600) A smaller lamb yarding saw strong heavy lamb values hold firm, while lighter trade lambs eased $10–$15, and mutton prices strengthened on lighter and medium ewes. Full report available here
- Dubbo sheep report (C&H)Â Watch the latest report here
- TRLX Tamworth sheep report (DC) (15/6) View the latest report here
- Corowa sheep report (Elders) (15/6) View the latest report here
Victoria
- CVLX Ballarat sheep report (MLA): Yarding: 21,639, (+6,365). A larger, better-quality lamb and sheep yarding saw demand remain strongest for well-finished stock, with lamb prices mostly firm to $8 softer and mutton values dearer. Full report available hereÂ
South Australia
- Naracoorte sheep report (MLA)Naracoorte sheep report (MLA)Yarding: 2,274, (-51). A similar-sized yarding saw lamb prices mostly firm to slightly easier, while strong competition pushed sheep and mutton values higher. Full report available here
- Dublin sheep report (MLA): Yarding: 4,500, (+1,400). A slightly larger lamb yarding saw steady competition, but trade and heavy lambs eased slightly while lighter store lambs and mutton held firmer. Full report available here
Western Australia
- Muchea sheep report (MLA): Yarding: 3,856, (-2,941). A sharply smaller lamb and sheep yarding met solid demand, with heavy and extra-heavy lambs selling strongly and ram lambs topping at $378/head. Full report available here
Tasmania
- Powranna sheep report (MLA)Powranna sheep report (MLA)Yarding: 2,029, (+829). Powranna’s larger lamb and sheep yarding saw strong competition lift lamb prices, while mutton values eased as buyer demand softened. Full report available here