Sheep Market Summary – 11 May 2026

by | May 11, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets showed generally firmer trends nationally, with lower yardings and stronger processor competition supporting heavy lamb and mutton prices, while quality remained a key factor across most centres.

The trends appear to be:

  • Supply lower across key selling centres, particularly in NSW
  • Heavy export lambs attracting strong competition
  • Mutton prices improving on quality offerings
  • Trade and heavy lambs generally dearer
  • Market remains quality-driven, with better-finished stock commanding premiums
  • Reduced yardings helping underpin stronger buyer activity

 

East Coast (NSW, VIC) 

  • Firm to stronger market overall, supported by lower supply and solid processor demand for quality lambs and sheep
  • NSW results were stronger:
    • Griffith (9,150 total; 6,850 lambs, 2,300 sheep) saw:
      • Smaller yarding across both lambs and sheep
      • Strong competition lift lamb and mutton prices
      • Heavy export lambs reaching $396/head
      • Quality mutton selling above 800c/kg cwt

Summary: A firmer NSW market, with reduced supply and strong processor demand driving higher prices for heavy lambs and quality mutton

  • Victoria:
    • Limited detailed pricing data available from Swan Hill.

Summary: Insufficient data to determine a clear statewide trend, though market conditions appear generally steady to mixed. Watch or view the reports below

👉 See full sale reports and videos below 

 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Report
New South Wales
  • TRLX Tamworth sheep report (RLX) (4/5) Watch the latest report here
  • Weekly Wool Report (Elders) View the latest report here
  • Griffith sheep report (MLA): Yarding: 9,150, (-2,350) Lamb and sheep prices strengthened in a smaller yarding, with heavy export lambs reaching $396/head and strong demand lifting quality mutton sales above 800c/kg cwt. Full report available here

Victoria
  • Swan Hill sheep report (BR&C) Watch the latest report here
South Australia
  • No Report
Western Australia
  • No Report
Tasmania
  • No Report