Wagga Sheep Market Report

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Report Date: 4th June 2026

Total Yarding: 29,600

Commentary

Following excellent rain across the supply area, lamb numbers saw a decline, yet the quality remained outstanding, particularly among trade and heavy lambs, with most grain fed. A full field of export buyers participated in the sale alongside the usual domestic processors, while feedlots operated with two very strong orders in the mix. Competition intensified compared to last week, with all buyers actively seeking well-finished lambs in both the trade and heavy export classes.

Domestic buyers faced strong bidding pressure to secure a market share, with feedlots playing a dominant role once again. Lambs suited for processing in the 21-24 kg range sold for $280-$330, averaging 1287 c/kg cwt. In the same weight range, lambs destined for feedlots fetched between $285-$308 per head. Lighter weight lambs returning to the paddock were sold for $192-$245/head.

The market for heavy export lambs was extremely robust, with buyers aggressively competing for market share, resulting in price increases of $9-$12/head. Lambs weighing 26-30 kg sold from $322-$372, while those over 30kg ranged from $364-$450/head, averaging 1133 c/kg cwt.

The yarding of mutton was mixed, with the usual buyers competing across trade and heavy categories. Trade sheep sold between $190-$240/head, while heavy sheep were keenly sought after, with numerous sales exceeding $300. The bulk of heavy sheep made between $230-$355, averaging between 890-928 c/kg cwt.

Leann Dax, market reporter. This report was compiled remotely.