Previous Close Sheep Markets Summary
Sheep and lamb markets showed mixed trends nationally, with large yardings creating price pressure in some centres, while strong competition for quality stock drove gains in others—highlighting a clear split between quality and secondary lines. The trends appear to be:
- Supply surged significantly across all states
- Quality lambs attracted strong competition and price gains
- Plainer and secondary lambs showed mixed to easier trends
- Mutton mixed, with strong demand in some regions and softer results in others
- Market highly variable, with quality and competition key drivers
East Coast (NSW, VIC)
- Mixed market overall, with strong divergence between centres
- NSW results were softer:
- Forbes (36,150 lambs / 10,900 sheep) saw a large yarding with overall easier lamb and mutton prices, despite solid competition for plainer lambs
- Other centres reported limited data but ongoing market activity
- VIC (Ballarat) stood out:
- Ballarat (25,390 lambs / 5,636 sheep) saw strong, quality-driven gains across most categories
- Heavy export lambs led price rises in a firm to dearer market
Summary: Large supply is weighing on prices in NSW, while strong competition for quality lambs is driving gains in VIC
South Australia
- Naracoorte (5,505 lambs / 3,155 sheep) saw:
- Firm to dearer market with strong buyer competition
- Standout dispersal supporting ewe prices
- Dublin (8,800 lambs / 1,200 sheep) saw:
- Very good quality yarding
- Strong competition driving a mostly positive market, particularly for heavy lambs and mutton
Summary: Firm to stronger market, supported by quality and strong buyer demand
Tasmania
- Powranna (2,528 lambs / 1,701 sheep) saw:
- Lamb prices ease, especially trade and heavy weights
- Very strong mutton market
Summary: Softer lamb market but strong mutton demand supporting sheep prices
Western Australia
- Muchea (11,350 lambs / 3,606 sheep) saw:
- Firm to dearer lamb prices, particularly heavy weights
- Mixed mutton trends, with lighter types easing and heavy ewes steady
Summary: Generally firm market, with strength in heavy lambs and mixed mutton results
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\Sheep yardings & reports
Queensland
- Warwick sheep report (MLA): Yarding: 2,571, (-299). Steady yarding at Warwick saw increased store lamb supply drive prices lower, with trade lambs easing and mutton remaining mostly stable. Watch the latest report Full Report.
New South Wales
- Cowra sheep report (MLA): Yarding: 3,450, (-1,700). Reduced lamb numbers and mixed quality led to a variable market, with trade lambs slightly dearer but heavy lambs and mutton generally easing.  Watch the latest report Full Report.
- CTLX Carcoar sheep report (MLA):Â Yarding: 8,970, (+2,188). Higher lamb numbers with good overall quality saw firm to dearer trade lambs, while heavy lambs eased and mutton held generally steady. Watch the latest report Full Report.
- Forbes sheep report (AWN) (14/4) View the latest report here
- SELX Yass sheep report (MLA): Yarding: 12,680, (+4,585). Higher lamb numbers with mixed quality saw stronger demand for restocking and trade weights, while heavy lambs and hoggets eased. Watch the latest report Full Report.
- SELX Yass sheep report (RLX):Â Increased yarding and excellent quality drove a strong market at Horsham, with trade and heavy lambs selling significantly dearer and record prices for extra heavy lambs. Watch the latest report Full Report.
- SELX Yass sheep report (Elders): A slightly smaller but high-quality lamb yarding at Hamilton saw mostly firm to softer prices, with heavier lambs and sheep easing amid weaker competition. Watch the latest report Full Report.
Victoria
- Horsham sheep report (MLA):Â Yarding: 9,450, (-250). Increased yarding and excellent quality drove a strong market at Horsham, with trade and heavy lambs selling significantly dearer and record prices for extra heavy lambs. Watch the latest reportÂ
- Hamilton sheep report (MLA): Yarding: 18,400, (+2,000). A slightly smaller but high-quality lamb yarding at Hamilton saw mostly firm to softer prices, with heavier lambs and sheep easing amid weaker competition. Watch the latest report Full Report.‘
- Southern Wool Report (AWN). View the latest report here
South Australia
- Naracoorte sheep report (Elders) (14/4). View the latest report here
- Dublin sheep report (Elders) (14/4): A very large yarding at Katanning saw improved lamb quality and stronger prices across all weight categories, while mutton was mixed with lighter ewes easing but heavy ewes holding firm. Watch the latest report here.
Western Australia
- Muchea sheep report (Nutrien) (14/4). View the latest report here.
- Katanning sheep report (MLA): Yarding: 21,942, (+12,289). A very large yarding at Katanning saw improved lamb quality and stronger prices across all weight categories, while mutton was mixed with lighter ewes easing but heavy ewes holding firm. Watch the latest report here.
Tasmania
- Powranna sheep report (Nutrien) (14/4). View the latest report here