Sheep Market Summary – 28 July 2026

by | Jul 28, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep and lamb markets were mixed across the country, with larger yardings in many centres. Trade lambs were generally firm to dearer in selected markets, while heavy lambs and mutton showed varied results depending on quality and buyer competition.

The trends appear to be:

  • Larger lamb yardings increased supply across several major selling centres.
  • Trade lambs performed well in many markets, although heavy lambs were mixed.
  • Mutton prices varied, with firm sales in some regions and softer results where buyer demand weakened.
  • Additional agency reports provided broader market coverage.

New South Wales

  • Deniliquin sheep returned after a month without a sale, with lamb prices holding in line with recent markets while sheep, particularly heavy mutton, sold cheaper.
  • Forbes sheep recorded a dearer lamb market as improved quality lifted prices, while mutton eased on mixed-quality offerings.
  • Inverell sheep saw increased lamb numbers, with heavy lambs and mutton easing under subdued buyer competition.
  • An additional agency report was available from Tamworth.

Summary: NSW markets were mixed, with stronger trade lamb demand offset by softer heavy lamb and mutton results in several centres.

Victoria

  • Ballarat sheep yarded more lambs, with patchy quality leading to softer trade and heavy lamb prices, while sheep sold firm to dearer on stronger Merino mutton demand.
  • Additional agency reports were available from Ballarat.

Summary: Victorian markets showed mixed trends, with softer lamb prices balanced by improved sheep values.

South Australia

  • Naracoorte sheep recorded stronger trade lamb prices, while heavy lambs remained in short supply and sheep held firm.
  • Dublin sheep reported increased yardings, with prices mostly firm as stronger butcher demand supported the market.
  • An additional agency report was available from Naracoorte.

Summary: South Australian markets remained generally firm, supported by steady buyer competition and improved demand for trade lambs.

Tasmania

  • Powranna sheep saw strong demand for trade lambs and restocker lines, while mutton prices fell sharply on weaker competition.

Summary: Tasmania delivered stronger lamb results despite softer mutton values.

Western Australia

  • Muchea sheep yarded significantly more stock, with lamb and mutton prices easing from the previous week’s highs, while quality extra heavy lambs remained well supported.
  • An additional agency report was available from Muchea.

Summary: Western Australian markets eased overall as larger yardings weighed on prices, although quality heavy lambs continued to attract strong competition.

National Summary

Australian sheep and lamb markets delivered mixed results, with larger yardings supporting solid trade lamb demand, while heavy lamb and mutton prices varied according to quality and buyer competition.

 

👉 See full sale reports and videos below. 

 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Deniliquin sheep report (MLA): Yarding: 4,440, (+2,390) After a month without a sale, 4,040 head were yarded, with lamb prices holding in line with recent markets while sheep, particularly heavy mutton, sold cheaper.Full report available here
  • Forbes sheep report (MLA): Yarding: 33,250, (-500) Yarding remained steady with improved lamb quality, as lamb prices lifted $5–$7/head in a dearer market while mutton prices eased on mixed quality offerings. Full report available here
  • IRLX Inverell sheep report (MLA): Yarding: 4,785, (+2,559) Lamb numbers increased as heavy lamb prices declined and mutton eased, with subdued buyer competition resulting in mixed market trends. Full report available here
  • TRLX Tamworth sheep report (DC) (27/7) View the latest report here
Victoria
  • CVLX Ballarat sheep report (MLA): Yarding: 11,548, (+1,646). Lambs & Sheep: Lamb numbers rose to 9,219 with patchy quality and softer prices for most trade and heavy lambs, while sheep sold firm to dearer, led by stronger Merino mutton. Full report available here
South Australia 
  • Naracoorte sheep report (MLA): Yarding: 2,470, (-212) Mixed-quality yarding saw trade lambs lift $10–$15/head, while heavy lambs remained in short supply and sheep prices held firm. Full report available here
  • Dublin sheep report (MLA): Yarding: 7,500, (+1,800) Yardings increased with good-quality lambs and sheep, as prices remained mostly firm amid stronger butcher demand and steady restocker competition. Full report available here
Western Australia
  • Muchea sheep report (MLA): Yarding: 11,709, (+7,587) Yardings lifted sharply as lamb and mutton prices eased from last week’s spike, while extra heavy lambs held firm to slightly dearer on quality.  Full report available here
Tasmania
  • Powranna sheep report (MLA): Yarding: 2,037, (+830) Powranna Sheep & Lambs: Lamb numbers surged to 1,691 head with strong demand for trade lambs and restocker lines, while mutton prices fell sharply on weaker buyer competition. Full report available here