Sheep Market Summary – 1 May 2026

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 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.
  • MLA
  • Elders
  • MM
• 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