Sheep Market Summary – 18 May 2026

by | May 18, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets showed mostly steady trends nationally, with reduced lamb numbers and softer quality offset by firm mutton demand, while strong competition continued for quality ewe and Merino sheep.

The trends appear to be:

  • Lamb supplies lower in reported centres
  • Lamb quality softer in some yardings
  • Trade and processing demand generally steady
  • Strong mutton competition supporting ewe and Merino prices
  • Quality continuing to influence price outcomes
  • Overall market conditions relatively stable despite lower throughput

East Coast (NSW)

Mostly steady market overall, with firm mutton demand offsetting softer lamb quality

NSW (Griffith) saw:

  • Reduced lamb numbers and increased sheep supply
  • Softer lamb quality throughout the yarding
  • Lamb prices mostly steady
  • Strong demand for mutton supporting ewe and Merino sales

Summary: NSW sheep markets remained mostly steady, with firm processor demand for mutton and quality sheep helping support the market despite lower lamb numbers and softer quality

👉 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: 7,350, (-1,800) Lamb numbers and quality eased with prices mostly steady, while firm mutton demand supported strong ewe and Merino sales. Full report available here.
  • Wagga sheep report (RLA) (14/5) Watch the latest report here
  • Weekly Wool Report (AWI) (14/5) View the latest report here
Victoria
  • No reports
South Australia
  • No reports
Western Australia
  • No reports
Tasmania
  • No reports