Wagga Sheep Market Report

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Report Date: 3rd September 2026

Total Yarding: 36,525

Commentary

Lamb numbers lifted and the most significant gain was 10,675 new season lambs. Quality across all categories remained very good, with only odd pens of plainer type lambs in the offering. The supply of new season lambs featured heavier weights alongside lighter young lambs, attracting interest from restockers and feedlot buyers. While a full field of buyers participated in the sale, two export companies opted not to engage in the lamb market. Demand was robust, particularly from Victorian processors who led the market in trade weight categories making the market very dynamic at times.

New season trade lambs in the 20-24kg range sold for $248 to $313, averaging between 1,200 and 1,260c/kg cwt. Those weighing 24-26kg fetched prices from $311 to $344/head improving $14/head . Heavy export young lambs sparked competitive bidding, achieving prices between $316 and $369, with an average of 1,184c/kg. Old trade lambs also performed well, gaining $4 to $5, with sales ranging from $257 to $308 and an average of 1,226c/kg. The 24-26kg old trade lambs sold between $299 and $329/head.
Merino trade lambs were in high demand, with their prices rising sharply. The 20-24kg Merino lambs sold for $235 to $298, while heavy Merino lambs reached between $317 and $365, with some sales noted to be $33/head dearer.

Heavy old export lambs in the 26-30kg range sold for $330 to $374/head. For those over 30kg, several sales exceeded $400, with most making between $370 and $426/head to average 1151c/kg cwt.

It was a fair to very good yarding of mutton with a lot of heavy crossbred ewes in the mix. Heavy sheep sold to similar price trends making from $247-$345 to average 943c/kg cwt. Trade sheep were in shorter supply selling from $188-$238/head with most averaging around 922c/kg cwt.

Leann Dax, Market Reporter.