Previous Close Sheep Markets Summary
Sheep markets delivered mixed results across Australia, with strong processor and restocker demand supporting quality lambs in several centres, while softer buyer competition and mixed-quality yardings placed downward pressure on prices elsewhere.
The trends appear to be:
- Strong processor and restocker demand supported quality lambs in several markets.
- Softer buyer competition resulted in easier lamb prices in some eastern centres.
- Mutton markets were generally steady to stronger, although results varied by region.
- Additional agency reports provided broader market coverage.
Queensland
- Warwick experienced strong supply, with restocker demand lifting young lamb prices and processor competition driving gains for trade lambs, while hoggets and ewes eased and heavy wethers improved.
Summary: Queensland sheep markets remained well supported, with strong restocker and processor demand underpinning the lamb market.
New South Wales
- Carcoar offered a slightly smaller but good-quality lamb yarding, where softer buyer competition pushed lamb prices lower while mutton remained steady.
- Yass presented a slightly smaller, mixed-quality yarding, with softer buyer demand resulting in easier lamb and mutton prices.
- Northern Wool Report was released by AWN.
Summary: NSW sheep markets eased under softer buyer competition, although mutton generally remained steady.
Victoria
- Hamilton yarded fewer lambs, with neat trade lambs holding mostly firm while most other lamb and sheep categories eased under mixed demand.
- Horsham released its latest market report.
Summary: Victorian sheep markets were mixed, with quality trade lambs remaining resilient while most other categories eased.
South Australia
- Naracoorte offered a small winter yarding, where limited buyer competition resulted in easier lamb and sheep prices despite heavy export lambs attracting solid demand.
Summary: South Australian sheep markets softened as limited buyer competition weighed on most categories.
Tasmania
- Powranna released its latest agency market report from Nutrien.
Summary: Tasmania’s update consisted of the latest Powranna agency market report.
Western Australia
- Katanning recorded strong processor demand, lifting lamb and mutton prices despite a smaller yarding, with extra heavy lambs setting a new yard record. An additional market report was available from Nutrien.
Summary: WA sheep markets strengthened, supported by solid processor competition and record prices for extra heavy lambs.
National Summary
Australian sheep markets produced mixed results, with strong processor and restocker demand supporting quality lambs in several regions, while softer buyer competition and mixed-quality yardings led to easier prices across parts of the eastern states.
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Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- Warwick sheep report (MLA): Yarding: 3,079, (+1,719) Warwick sheep and lamb market saw strong supply, with restocker demand lifting young lamb prices, processor lambs gaining $7–$16/head, while hoggets and ewes eased and heavy wethers rose by $26/head. Full report available here
New South Wales
- SELX Yass sheep report (MLA): Yarding: 7,000, (-1,580) Slightly smaller yarding and mixed quality saw lamb and mutton prices ease, with lambs generally $10–15/head cheaper under softer buyer demand. Full report available here
- CTLX Carcoar sheep report (MLA): Yarding: 7,500, (-900) Slightly smaller lamb yarding with good quality saw softer buyer competition, pushing lamb prices $7–15/head lower, while mutton held steady. Full report available here
- Northern Wool Report (AWN) Watch latest report here
Victoria
- Hamilton sheep report (MLA): Yarding: 4,350, (-1,000) Hamilton’s smaller lamb yarding saw mixed demand, with neat trade lambs holding mostly firm but most other lambs and sheep easing $10–20/head. Full report available here
- Horsham sheep report (MLA): Yarding: 4,100, (+3,300) Larger lamb and sheep yarding saw trade lambs hold near firm, heavy lambs ease slightly, and sheep prices lift by $10–15/head in stronger competition. Full report available here
South Australia
-  Naracoorte sheep report (MLA) (14/7): Yarding: 3,178, (+747) Small winter yarding with limited buyer competition saw lamb and sheep prices ease, with most processing lambs below 1100c/kg cwt despite heavy export lambs reaching $380/head. Full report available here
Western Australia
- Katanning sheep report (MLA): Yarding: 7,609, (-2,391)Â Smaller Katanning yarding saw strong processor demand lift lamb and mutton prices, with extra heavy lambs setting a new yard record of $418/head. Full report available hereÂ
Tasmania
- Powranna sheep report (Nutrien) (14/7)Â Smaller Katanning yarding saw strong processor demand lift lamb and mutton prices, with extra heavy lambs setting a new yard record of $418/head. Full report available here