Previous Close Sheep Markets Summary
Sheep markets were mixed nationally, with strong gains in Queensland and parts of NSW and Western Australia, while increased supplies pressured lamb prices in Victoria and South Australia.
The trends appear to be:
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Queensland recorded sharp gains in wholesale and store lamb prices, although heavy mutton eased.
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NSW results were mixed, with Carcoar stronger, Cowra mostly firm and Yass softer.
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Victoria recorded contrasting results, with lambs easing at Horsham but firm to dearer at Hamilton, while sheep strengthened.
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South Australian lamb prices eased under increased supply.
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Western Australia strengthened broadly, with strong demand lifting lamb, mutton and hogget prices.
Queensland
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Warwick: A small yarding saw wholesale lamb prices surge, with store lambs also improving, while heavy ewe prices eased due to limited mutton competition.
Summary: Queensland lamb markets strengthened sharply on limited supply and strong demand, while heavy mutton softened.
New South Wales
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Carcoar: Increased yardings met a dearer market, with trade and heavy lambs firm to stronger and most mutton categories recording solid gains.
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Cowra: Quality new-season lambs sold mostly firm, with heavy lambs dearer, trade lambs slightly softer and mutton steady.
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Yass: Strong trade and restocker competition was unable to prevent a softer lamb market, with most categories easing.
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Northern Wool Report: No specific market trend provided.
Summary: NSW markets were mixed, with strong gains at Carcoar, mostly firm results at Cowra and softer lamb prices at Yass.
Victoria
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Horsham: Increased lamb supplies pressured prices, while strong demand lifted sheep values.
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Hamilton: Despite significantly larger yardings, lambs remained firm to slightly dearer, with heavy sheep recording strong gains.
Summary: Victorian results were mixed, with lambs softer at Horsham but holding firm at Hamilton, while sheep strengthened at both centres.
South Australia
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Mt Gambier: Increased lamb and sheep supplies met a generally easier market, with most lamb categories easing despite active trade and restocker competition.
Summary: South Australian lamb markets softened under increased supply.
Western Australia
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Katanning: Stronger demand and widespread price rises lifted lambs, mutton and hoggets, supported by processor and grazier competition.
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Fremantle Wool Report: No specific market trend provided.
Summary: Western Australian markets strengthened broadly, with strong competition supporting both lamb and mutton categories.
National Summary
Sheep markets were mixed, with strong gains in Queensland, at Carcoar in NSW and across Western Australia. NSW results varied between centres, while Victoria recorded contrasting lamb results but stronger sheep prices. South Australia softened under increased supply. Overall, strong demand supported selected lamb and mutton markets, although heavier supplies continued to pressure prices in some regions.
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Sheep yardings & reports
Queensland
- Warwick sheep report: Yarding: 891, (-113). Small yarding at Warwick saw wholesale lamb prices surge $20–$60/head and store lambs improve, while limited mutton competition caused heavy ewe prices to ease around $20/head. Full report available here.
New South Wales
- Cowra sheep report: Yarding: 7,950, (+1,540). Increased numbers of quality new-season lambs met a mostly firm market, with heavy lambs lifting $1–$8/head while trade lambs eased slightly and mutton remained steady. Full report available here.
- CTLX Carcoar sheep report: Yarding: 9,900, (+400). Increased lamb and mutton yardings met a dearer market, with trade and heavy lambs firm to $7/head dearer and most mutton grades lifting $9–$15/head amid solid demand. Full report available here.
- Northern wool report. Watch the latest report here.
- SELX Yass sheep report: Yarding: 22,400, (-3,827). Higher yardings met a generally softer lamb market, with most categories easing $10–$15/head despite strong trade and restocker competition. Full report available here.
Victoria
- Hamilton sheep report: Yarding: 26,500, (+17,500). Significantly increased lamb and sheep yardings met a firm to slightly dearer lamb market, while strong competition lifted heavy sheep prices by $20–$30/head. Full report available here.
- Horsham sheep report: Yarding: 19,000, (+10,700). A sharp increase in lamb numbers pressured prices, with lambs easing $5–$10/head, while strong demand lifted sheep values by up to $10/head. Full report available here.
South Australia
- Mt Gambier sheep report: Yarding: 8,153, (+4,432). Increased lamb and sheep yardings met a generally easier market, with most lamb categories easing $10–$15/head despite active trade and restocker competition. Full report available here.
Western Australia
- Fremantle wool report (10/11). Watch the latest report here.
- Katanning sheep report: Yarding: 14,347, (+2,711). Increased yarding at Katanning met stronger demand and widespread price rises, with lambs gaining up to $30/head and strong processor and grazier competition lifting mutton and hogget values. Full report available here.
Tasmania
- No reports
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