Previous Close Sheep Markets Summary
Sheep markets showed mixed to slightly softer trends, with larger lamb supplies weighing on trade and export categories, while demand remained strong for heavy grain-fed lambs and mutton.
The trends appear to be:
- Lamb supply increased significantly, particularly in NSW
- Larger yardings put pressure on trade and export lamb prices
- Heavy grain-fed lambs continued to attract strong buyer demand
- Sheep and mutton markets remained firm despite increased numbers
- Buyer competition remained solid, but was more selective on quality and weight
East Coast (NSW)
Overall softer lamb market, with increased supply testing buyer demand.
NSW (Wagga Wagga) saw:
- Larger yarding of 29,000 lambs and 7,350 sheep
- Trade and export lambs eased slightly on increased supply
- Heavy grain-fed lambs remained highly sought after
- Sheep and mutton prices held firm despite higher numbers
Summary: Increased lamb supplies softened some lamb categories, particularly trade and export lines, while heavy grain-fed lambs and mutton continued to attract strong competition and maintain solid price support.
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Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No Reports
New South Wales
- Wagga sheep report (MLA): Yarding: 36,350, (+6,750). Larger lamb numbers met a softer market, with trade and export lambs easing slightly despite strong demand for heavy grain-fed lambs, while sheep prices remained solid. Full report available here
Victoria
- No Reports
South Australia
- No Reports
Western Australia
- Katanning sheep report (Nutrien) (10/6)Â Watch the latest report here
Tasmania
- Powranna sheep report (Nutrien) (10/6)Â Watch the latest report here