Wagga Sheep Market Report

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Report Date: 6th November 2025

Total Yarding: 68,440

Commentary

Numbers lifted significantly, with producers enticed to off load lambs after last week’s dearer market. Quality remains impressive, particularly for lambs above the 20kg cwt mark, with very few showing signs of dryness. The very good quality has fuelled strong demand, especially as certain export processors are actively sourcing lambs due to dwindling supplies in northern regions, where the harvest is currently in full swing.
The market has demonstrated strength across both trade and heavy categories, with all buyers eager to secure a share of the available stock. However, the store market has seen a different trend, with southern buyers largely absent. As a result, many lambs remained local or were directed northward.

In terms of specific price movements, trade lambs weighing between 20-24kg saw mostly stable prices, with some sales reflecting increases. The bulk of these lambs sold within the range of $215 to $290, averaging 1161c/kg cwt. Lambs in the 24-26kg category attracted significant interest from various processors, leading to an increase of $8, bringing the average price to 1177c/kg.
The store lamb market saw a bigger supply of stock, with lambs possessing both weight and frame for feeding on or returning to paddock experiencing a price softening. These lambs sold for between $135 and $235/head.

On the export front, all buyers were active, with competition from northern processors proving exceptionally strong despite a general trend towards lower prices. Prices for lambs in the 26-30kg category dipped by $4, selling between $321 and $363/head. For lambs weighing over 30kg, prices ranged from $366 to $385/head.

It was a mixed yarding of mutton, and not all buyers were in attendance. Buyers were more cautious this week and bidding duels were less frequent. Heavy mutton sold to cheaper trends of $14 to $30/head. Prices ranged from $185 to $276 to average 703c to 721c/kg cwt. Trade sheep were well supplied making from $150 to $204/head.

Leann Dax Market Reporter.