Wagga Sheep Market Report

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Report Date: 9th October 2025

Total Yarding: 66,700

Commentary

The market experienced a significant surge following last week’s price spike, leading to changes in supply and demand dynamics. The quality of the yarding was fair to good, although the availability of new season lambs, particularly those exceeding 26kg in carcass weight, remained limited. Trade lambs were in good numbers although some lots needed more finish. Store lambs were well-represented, with a substantial number of well-bred second cross types presented. A strong contingent of store buyers participated in the sale, with a considerable portion of lambs destined for southern regions, while others sold into the Forbes and Dubbo areas.

In terms of new season trade lambs, while there were good supplies, not all processors were present at the sale, which impacted pricing. Trade lambs sold for $10 to $24 cheaper than previous week, revealing gaps in the market as the sale progressed. Specifically, lambs weighing between 20-24kg fetched prices ranging from $204 to $286, averaging 1123c/kg cwt. Heavy lambs in the 24-26kg range sold for $286 to $315, while those weighing 26-30kg faced a downward trend, due to less buyers in the market. Prices dropping to between $300 and $333/head.
Young store lambs met a large group of buyers. Their prices ranged from $143 to $259/head, reflecting a significantly weaker market of up to $26/head.

Meanwhile, old trade lambs showed mixed results, selling from $196 to $268/head, while heavy old lambs commanded prices between $290 and $360/head.

It was a mixed yarding of mutton, however heavy sheep were still well represented, with a few more crossbred ewes in the mix. Buyers were keen but at significantly cheaper price levels over all categories. In general sheep averaged 680-720c/kg cwt. Heavy sheep sold from $170 to $265/head. Trade sheep made from $153 to $195/head.

Leann Dax, Market Reporter.