Sheep Market Summary – 18 September 2026

by | Sep 22, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were sharply softer, with a significant correction at Wagga despite exceptional new-season lamb quality, while restocker demand provided some support.

The trends appear to be:

  • NSW recorded a sharp correction in the lamb market despite exceptional new-season quality, with strong restocker demand providing some support and heavy mutton easing.
  • Victoria reports provided no current yarding or market trend.
  • WA reports provided no current yarding or market trend.
  • National lamb yardings increased while sheep numbers declined, with overall yardings lower on the day but higher week to date.

New South Wales

  • Wagga recorded exceptional new-season lamb quality but a sharp market correction, with strong restocker demand providing some support while heavy mutton eased.
  • The additional Wagga report provided no current market trend.

Summary: NSW sheep markets were significantly weaker, led by a sharp correction in new-season lamb values.

Victoria

  • Southern Wool Report and Ouyen reports provided no current yarding or market trend.

Summary: No current Victorian sheep market trend was available from the reported updates.

Western Australia

  • Katanning report provided no current yarding or market trend.

Summary: No current WA sheep market trend was available from the reported Katanning update.

National Summary

Australian sheep markets were sharply softer, driven by a significant correction at Wagga despite exceptional new-season lamb quality. Restocker demand provided some support, while heavy mutton also eased. National lamb yardings increased, sheep numbers declined, and overall yardings were higher week to date.

 👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Griffith sheep report (Inc audio): Yarding: 18,700, (+800) A larger yarding with 4,600 new-season lambs of good quality and weight saw the market ease, with trade and heavy lambs $20–$25/head cheaper and mutton $10–$20/head softer. Full report available here
  • Weekly Wool Report. Full report available here
  • Wagga sheep report (17/9) Watch the latest report here
Victoria
  • Ouyen sheep reports (17/9) Full report available here
South Australia 
  • No Reports
Western Australia
  • Weekly Wool Report Watch the latest report here
Tasmania
  • No Reports