Wagga Sheep Market Report

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Report Date: 9th April 2026

Total Yarding: 42,050

Commentary

Numbers were similar to the last sale before Easter, and quality was outstanding. Most of the offering consisted of grain-fed lambs, with a significant number of store lambs also beginning to transition onto grain. The usual processors were present, alongside a substantial group of feedlot and restocking buyers. Demand across all categories of the sale was robust. However, feedlots exhibited some caution, particularly in their competition for the 24kg cwt lambs.

Trade lambs experienced strong demand, especially those with shorter skins and ample shape, which were keenly sought after. Prices for trade lambs remained firm, with some categories increasing by $5/head. Specifically, trade lambs weighing between 21-24 kg sold for $261 to $301, averaging 1204 c/kg cwt. For the 24-26kg range, prices ranged from $292 to $332/head. Merino lambs also faced significant competition, with certain weight categories seeing prices rise by $8 to $15. Heavy Merino lambs fetched between $294 and $330/head, while lighter weights were priced between $245 and $277/head. Lambs intended for feeding sold for $249- $278/head.

Heavy lambs were well represented, with outstanding quality throughout the offering. It took buyers some time to establish a price level, but overall prices remained on par with the sale from two weeks ago. Lambs weighing between 26-30kg sold for $306-$366/head, while those over 30kg cwt were priced between $351-$410, averaging 1102c/kg cwt.

It was a mixed yarding of mutton and most of the usual buyers made it to the sale. The market was firm for all grades. Heavy ewes sold from $229-$350, while the better trade sheep ranged between $170-$228. Mutton average from 800-900c/kg cwt.

Leann Dax