Sheep Market Summary – 1 May 2026

by | May 4, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets showed firm to stronger trends in a limited offering, with improved lamb quality and solid buyer demand lifting prices, while mutton held steady despite plainer supply.

The trends appear to be:

  • Supply slightly higher for lambs but overall still limited
  • Improved quality driving stronger competition and price gains
  • Lamb prices lifting across most weight categories
  • Mutton firm despite mixed and plainer quality
  • Market strongly quality-driven with consistent buyer demand

 

East Coast (NSW)

  • Firm to stronger market overall, supported by improved quality and solid competition
  • NSW (Griffith) saw:
    • Increased lamb yarding (8,200 head) with improved quality
    • Strong demand lifting lamb prices by $4–$5/head across all weights
    • Reduced sheep numbers (3,300 head)
    • Mutton prices holding firm despite plainer quality

Summary: A stronger market driven by improved lamb quality and consistent buyer demand, with firm mutton results despite reduced numbers

Western Australia

  • No reported sheep sale data available, with only wool reporting

 

Summary: Insufficient data to determine clear trends, Watch the detailed pricing trends available

👉 See full sale reports and videos below 

 

Sheep Marketplace New Listings

Sheep marketplace listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Dubbo sheep report (MLA): Yarding: 43,750, (-6,750) Large, good-quality yarding saw a mixed market with cheaper trade and restocker lambs, stronger heavy lambs, and generally softer mutton prices. Full report available here
  • TRLX Tamworth sheep report (MLA): Yarding: 7,000, (-2,700) Reduced numbers and mixed quality saw a generally firm to improved lamb market, while sheep held mostly steady despite limited quality. Full report available here
  • Corowa sheep report (MLA): Yarding: 11,700, (+3,400) Increased yarding saw a softer lamb market despite active restockers, with heavy lambs easing and mutton prices fluctuating below recent highs. Full report available here
Victoria
  • GVLX Shepparton sheep report (RLX) (1/5) Watch the latest report here.
  • Bendigo sheep report (MLA): Yarding: 7,100, (-7,440) Smaller, mixed-quality yarding and reduced buyer activity led to a subdued, inconsistent market with steady crossbred lamb prices, softer Merino demand, and limited reliable price comparisons.  Full report available here
South Australia
  • No Reports
Western Australia
  • No Reports
Tasmania
  • No Reports