Sheep Market Summary – 11 August 2026

by | Aug 12, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were mixed, with stronger demand supporting trade and export lambs in parts of NSW, while reduced mutton supplies helped some markets hold firm; wet and stormy weather also cut yardings across several centres.

The trends appear to be:

  • Stronger trade and export demand supported lamb prices at Forbes and Inverell.
  • Reduced mutton supplies helped maintain firm prices in several markets, although mutton remained weaker at Forbes and Muchea.
  • Improved heavy lamb quality supported stronger prices at Inverell.
  • Smaller yardings from wet and stormy weather generally limited supply and helped maintain competition.

New South Wales

  • Forbes yarded 35,900 head, with increased lamb numbers and generally dearer prices driven by stronger trade and export demand, while mutton supplies halved.
  • Inverell yarded 3,079 head, with improved heavy lamb quality supporting stronger heavy trade prices and store buyers showing interest in light lambs.
  • Additional agency reports were available from Corowa, Dubbo, and Tamworth.

Summary: NSW sheep markets were generally stronger for lambs, with firm export demand and tighter mutton supplies supporting prices.

Victoria

  • Ballarat yarded 9,621 head, including 7,726 lambs and 1,895 sheep, with numbers lower across both categories.

Summary: Victorian yardings were smaller, with limited market commentary available from the reported sales.

South Australia

  • Naracoorte yarded 1,258 head, with lamb prices easing $5–$10/head while sheep remained around firm on keen competition.
  • Dublin yarded 3,500 head, with stormy weather reducing supplies and good quality helping lamb and mutton prices remain generally firm.

Summary: South Australian markets were supported by reduced supplies and solid competition, although lamb prices eased at Naracoorte.

Tasmania

  • Powranna yarded 846 head, with most lambs being light store types; processors paid up to $278/head for trade lambs, while mutton numbers were too limited to quote.

Summary: Tasmania recorded a small, store-dominated yarding with firm demand for suitable trade lambs.

Western Australia

  • Muchea yarded 6,271 head, with most categories firm, although old-season store lambs and heavy mutton eased $10–$12/head under selective buying.

Summary: WA markets were mostly steady, with selective buying placing pressure on some store lamb and mutton categories.

National Summary

Australian sheep markets were mixed to firm, with stronger demand supporting lambs in NSW while sharply reduced mutton supplies and weather-affected yardings helped maintain competition across several markets.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No reports
New South Wales
  • Corowa sheep report (10/8) View the latest report here
  • Dubbo sheep report (10/8) Watch the latest report here
  • TRLX Tamworth sheep report (10/8) View the latest report here
  • Forbes sheep report: Yarding: 35,900, (-4,600)Yarding fell to 35,900 head, with lamb numbers rising and prices generally dearer, led by stronger trade and export lamb demand, while mixed-quality mutton supplies halved. Full report available here.
  • IRLX Inverell sheep report (Inc audio): Yarding: 3,079, (-1,706) Inverell yarded 2,236 lambs and 843 sheep, with improved heavy lamb quality and stronger heavy trade prices, while light lambs attracted store buyer interest. Full report available here.
Victoria
  • CVLX Ballarat sheep report: Yarding: 9,621, (-1,779) Lamb numbers fell to 7,726 with mixed quality, but strong competition lifted well-finished trade and heavy lambs up to $20/head, while sheep remained firm amid limited supply. Full report available here 
South Australia 
  • Naracoorte sheep report (Inc audio): Yarding: 1,258, (-311) Reduced yarding of 961 lambs and 297 sheep saw lamb prices ease $5–$10/head, while sheep remained around firm amid keen competition. Full report available here
  • Dublin sheep report: Yarding: 3,500, (-3,000) Stormy weather reduced yardings to 3,500 lambs and under 500 sheep, with good quality and generally firm prices across lamb and mutton categories. Full report available here 
Western Australia
  • Muchea sheep report (Inc audio): Yarding: 6,271, (-1,198) Muchea sheep and lamb supplies fell further, with most categories firm, while old-season store lambs and heavy mutton eased $10–$12/head amid selective buying. Full report available here 
Tasmania
  • Powranna sheep report: Yarding: 846, (+146) Powranna yarding increased to 746 lambs, but quality was mostly light store types, with processors paying up to $278 for trade lambs and insufficient mutton to quote. Full report available hereÂ