Sheep Market Summary – 16 September 2026

by | Sep 17, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were mixed to softer, with Queensland and NSW easing, Victoria mostly firm, and WA mixed as quality and buyer competition influenced results.

The trends appear to be:

  • Queensland recorded stronger demand for young lambs, while heavy processor lambs and mutton eased amid reduced processor competition.
  • NSW markets were generally softer, with weaker processor demand pushing lamb and mutton prices lower, although lighter new-season lambs retained restocker support.
  • Victoria was mostly firm, with good-quality young lambs attracting solid feeder and restocker competition while some heavy ewes eased.
  • WA was mixed, with solid demand for new-season and store lambs while heavy mutton eased.
  • National yardings increased, with higher lamb and sheep numbers both on the day and week to date.

Queensland

  • Warwick recorded improved young-lamb quality that lifted restocker and trade demand, while heavy processor lambs and mutton eased amid the absence of a processor.

Summary: Queensland markets were mixed, with young lambs strengthening while heavier lambs and mutton softened.

New South Wales

  • Carcoar recorded a larger yarding with improved spring conditions, although weaker demand saw lamb and mutton prices ease across most categories.
  • Cowra recorded a strong-quality lamb yarding but weaker processor competition, with young and old lambs easing while lighter new-season lambs retained restocker demand and heavy mutton fell.
  • Yass recorded increased lamb and sheep yardings, with most lambs and medium to heavy mutton easing.
  • Forbes report provided no current market trend.
  • Northern Wool Report provided no current sheep market trend.

Summary: NSW sheep markets were generally softer, driven by weaker processor competition and easing mutton demand.

Victoria

  • Horsham recorded a smaller lamb yarding that sold to a mostly firm market, with good-quality young lambs attracting solid feeder and restocker competition while heavy crossbred ewes eased.
  • Hamilton, Ballarat and Shepparton reports provided no current market trend.

Summary: Victorian markets were mostly firm, with quality young lambs supported by solid buyer competition.

Western Australia

  • Katanning recorded a larger mixed-quality yarding, with new-season and store lambs attracting solid demand while heavy mutton eased and prices varied according to quality.
  • Fremantle Wool Report provided no current sheep market trend.

Summary: WA markets were mixed, with lamb demand holding relatively well while heavier mutton softened.

National Summary

Australian sheep markets were mixed to softer, with NSW generally weaker and Queensland mixed, while Victoria remained mostly firm and WA varied according to quality. Weaker processor competition was a key influence in softer markets, while quality new-season lambs continued to attract restocker and feeder demand. National yardings increased both on the day and week to date.

 👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • Warwick sheep report (Inc audio): Yarding: 1,960, (-225) Warwick’s 1,960-head yarding saw improved young-lamb quality lift restocker and trade prices, while heavy processor lambs and mutton eased $7–$25/head amid one processor’s absence. Full reports available here
New South Wales
  • CTLX Carcoar sheep report: Yarding: 4,438, (+523) A slightly larger yarding with improved spring conditions and 1,400 new-season lambs sold to weaker demand, with lamb and mutton prices easing across most categories. Full reports available here
  • Cowra sheep report: Yarding: 5,150, (+570) Cowra’s strong-quality lamb yarding met weaker processor competition, with young and old lambs easing around $10/head while restocker demand supported lighter new-season lambs and heavy mutton fell $20. Full reports available here
  • SELX Yass sheep report (Inc audio): Yarding: 10,982, (+2,195) Lamb numbers increased with 1,300 new-season lambs in a mixed-quality yarding, with the market easing $10–$20/head for most lambs and mutton falling $20–$30/head on medium and heavy weights. Full reports available here
  • Forbes sheep report (15/9) Watch the latest report here
  • Northern Wool Report Watch the latest report here
Victoria
  • Horsham sheep report (Inc audio): Yarding: 4,100, (-2,200) Horsham’s smaller lamb yarding sold to a mostly firm market, with good-quality young lambs attracting solid feeder and restocker competition while heavy crossbred ewes eased.
  • Hamilton sheep report: Yarding: 2,700, (-500) Hamilton’s lamb yarding increased slightly but mixed quality and some buyer absences saw the market ease $5–$10/head, while sheep were firm to slightly easier. Full reports available here
  • CVLX Ballarat sheep report (15/9) Watch the latest report here
  • GVLX Shepparton sheep report (15/9) Watch the latest report here
South Australia 
  • No Reports
Western Australia
  • Katanning sheep report (Inc audio): Yarding: 6,856, (+1,769). Katanning’s larger 6,856-head yarding was mixed in quality, with new-season and store lambs attracting solid demand while heavy mutton eased and prices varied with quality. Full reports available here
  • Fremantle Wool Report (15/9) Watch the latest report here
Tasmania
  • No Reports