Sheep Market Summary – 16 July 2026

Previous Close Sheep Markets Summary

Sheep markets were generally softer across Australia, as weaker processor competition outweighed solid restocker and feedlot demand, although heavy shorn and export lambs remained well supported.

The trends appear to be:

• Softer processor competition placed downward pressure on lamb and sheep prices.
• Restocker and feedlot demand remained solid for suitable stock.
• Heavy shorn and export lambs continued to attract strong competition.
• Additional agency reports provided broader market coverage.

New South Wales

• Wagga yarded a larger offering, where stronger restocker and feedlot demand was outweighed by softer processor competition, resulting in generally easier lamb and sheep prices, although heavy shorn and export lambs remained well supported. Additional market reports were available from AWN, Elders and RLA.

Summary: NSW sheep markets eased as softer processor demand outweighed strong competition from restockers and feedlots, while heavy export lambs remained well supported.

Victoria

• Ouyen released its latest livestock market report, with an additional market report available from MM.

Summary: Victoria’s update consisted of the latest Ouyen livestock market reports.

National Summary

Australian sheep markets generally softened, with weaker processor competition resulting in easier prices across most categories, although strong restocker and feedlot demand continued to support quality heavy lambs.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland

• No reports

New South Wales

• Wagga sheep report (MLA): Yarding: 36,000, (+4,100) Larger yarding and stronger restocker/feedlot demand were outweighed by softer processor competition, resulting in generally lower lamb and sheep prices, although heavy shorn and export lambs remained well supported. Full report available here 
  • MLA
  • Elders
  • AWN
  • RLA

Victoria

• Ouyen sheep reports (OLE): Yarding: 10,639, (+) At today’s sale, Ouyen Livestock Exchange had on offer 8,216 Lambs and 2,423 Mutton, Totalling 10,639. Full report available here 
  • OLE
  • MM

South Australia

• No reports

Western Australia

• No reports
  

Tasmania

• No reports