Previous Close Sheep Markets Summary
Sheep markets remained firm to stronger, with reduced sheep numbers and solid processor demand supporting prices, while heavy lambs continued to attract strong competition and maintain high returns.
The trends appear to be:
- Heavy lamb prices holding firm despite larger lamb offerings
- Reduced sheep numbers supporting stronger mutton values
- Processor demand remaining solid across key categories
- Heavy and well-finished lambs continuing to attract premiums
- Overall sale averages strengthening on higher sheep and mutton prices
- Market conditions favouring quality, well-finished stock
East Coast (NSW)
Overall firm market, with heavy lambs and sheep receiving strong buyer support.
NSW (Griffith) saw:
- Lamb numbers increase to 6,000 head, while sheep numbers fell sharply to 1,300 head
- Heavy lamb prices held firm despite the larger lamb offering
- Limited sheep supply pushed sheep values higher
- Strong competition for mutton supported significant gains in sheep prices
- Overall sale average lifted above $300/head
Wool Market
- Weekly wool reports from AWI, Elders and WCL were released
- No wool market commentary, auction results or price indicators were provided in the summary
- Wool market direction could not be assessed from the available information
Summary: Sheep markets remain well supported by tight sheep supplies and steady processor demand. Heavy lambs continue to hold firm values, while reduced mutton availability is driving stronger sheep prices. Quality finished stock remains the key beneficiary of current market conditions, with strong competition maintaining attractive returns for producers. Wool market trends were unavailable due to limited reporting detail.
👉 See full sale reports and videos below
Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No Reports
New South Wales
- Griffith sheep report (MLA): Yarding: 7,300, (-150). Lamb numbers lifted and sheep supply tightened, with heavy lamb prices holding firm while limited sheep numbers pushed sheep values higher and lifted the overall sale average above $300/head. Full report available here
- Weekly Wool Report. Full report available here.
Victoria
- No Reports
South Australia
- No Reports
Western Australia
- Weekly Wool Report (WCL). Watch the latest report here
Tasmania
- No Reports