Sheep Market Summary – 1 September 2026

by | Sep 2, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were generally firmer, with strong competition lifting lamb and mutton prices across NSW and SA, while reduced lamb supply in WA helped maintain firm values.

The trends appear to be:

  • Strong competition supported dearer lamb and mutton prices in NSW and SA.
  • Forbes lambs strengthened by $7/head, with mutton also lifting across most categories.
  • Naracoorte lambs gained $10–$30/head despite increased supply.
  • Powranna lamb prices recovered from a very small yarding.
  • Reduced lamb supply at Muchea kept most categories firm, while heavy old-season lambs eased slightly.

New South Wales

  • Forbes yarded 29,450 lambs and 7,600 sheep, with strong competition driving a dearer market; new-season lambs rose $7/head and mutton lifted across most categories.
  • TRLX Tamworth and Corowa reports were available, but no current yarding or price trend was provided. 

Summary: NSW markets strengthened, led by solid competition at Forbes supporting both lamb and mutton values.

Victoria

  • CVLX Ballarat report was available, but no current yarding or price trend was provided.

Summary: No current Victorian yarding or price trend was available from the reported Ballarat update.

South Australia

  • Naracoorte yarded 1,585 lambs and 1,197 sheep, with stronger competition lifting lambs $10–$30/head and mutton maintaining a firm to stronger trend.

Summary: SA markets strengthened despite increased yardings.

Tasmania

  • Powranna yarded 243 lambs and 106 sheep in a very small, mixed-quality offering, with trade lambs at $230–$292, heavy lambs reaching $380/head and mutton to $238.

Summary: Lamb prices recovered at Powranna, while mutton remained firm.

Western Australia

  • Muchea yarded 1,921 lambs and 2,603 sheep, with reduced lamb supply keeping most categories firm; heavy old-season lambs eased slightly while mutton remained steady.

Summary: WA lamb markets remained mostly firm on reduced supply, with mutton holding steady.

National Summary

Australian sheep markets were generally firmer, with stronger competition lifting lamb and mutton prices in NSW and SA, while reduced lamb supply in WA supported values. National yardings increased by 4,276 head, driven by a 4,823-head rise in lambs, while sheep numbers fell by 466.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Forbes sheep report: Yarding: 37,050, (+5,850). Larger 37,050-head yarding saw strong competition drive a dearer market, with new-season lambs up $7 and mutton prices also lifting across most categories. Full reports available here
  • TRLX Tamworth sheep report (31/8) View the latest report here
  • Corowa sheep report. View the latest report here
Victoria
  • CVLX Ballarat sheep report Watch the latest report here
    South Australia 
    • No Reports
    Western Australia
    • Muchea sheep report (Inc audio): Yarding: 4,524, (-2,273) Lighter lamb supply saw most categories remain firm, with only heavy old-season lambs easing slightly, while mutton values held steady despite improved weights. Full reports available here
    Tasmania
    • Powranna sheep report: Yarding: 349, (-782) Very small and mixed-quality Powranna yarding saw lamb prices recover, with trade lambs at $230–$292 and a heavy pen reaching $380/head, while mutton sold to $238. Full reports available here