Sheep Market Summary – 20 April 2026

by | Apr 21, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep and lamb markets trended softer overall, with reduced lamb supply offset by increased sheep numbers and widespread price declines—particularly for lighter and secondary stock—while mutton showed mixed results. The trends appear to be:

  • Supply mixed, with lamb numbers easing and sheep numbers rising
  • Lamb prices generally softer across most categories
  • Lighter and plainer lambs under the most pressure
  • Mutton mixed, with strong demand for heavy sheep but softer results for others
  • Market quality-driven, with isolated premium results for top-end stock

 

East Coast (NSW, VIC)

  • Softer market overall, with widespread price pressure across lamb and sheep categories
  • NSW results were weaker:
    • Corowa (5,700 lambs / 2,600 sheep) saw a reduced yarding with lamb prices easing across most categories,
    • while strong processor demand lifted heavy mutton
    • Dubbo (31,000 lambs / 19,500 sheep) recorded a large dry-season yarding, with lambs $10–$18 cheaper and mixed mutton trends—lighter sheep dearer and heavy types softer
    • Tamworth (4,500 lambs / 5,200 sheep) saw an overall cheaper market, with limited heavy lamb supply and widespread declines across sheep categories
  • VIC (Bendigo) saw:
    • Smaller yarding with softer, quality-driven trends
    • Lighter and plainer lambs eased sharply
    • Top-end crossbred lambs reached a record $475/head despite mixed overall conditions

Summary: Softer market conditions dominate, with lighter and secondary lambs under pressure, while quality stock continues to achieve standout results and mutton trends remain mixed

 

👉 See full sale reports and videos below 

 

 

Sheep Marketplace New Listings

Sheep marketplace listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • TRLX Tamworth sheep report (MLA): Yarding: 9,700, (+1,130). Slightly smaller lamb yarding and larger sheep offering saw an overall cheaper market, with limited heavy lamb supply and widespread price declines across sheep categories. Full report available here.
  • Dubbo sheep report (MLA): Yarding: 50,500, (+10,800). Larger dry-season yarding saw a mixed market with most lamb categories $10–$18 cheaper, while mutton trends were varied with lighter sheep dearer and heavier types softer. Full report available here.
  • Corowa sheep report (MLA): Yarding: 8,300, (-6,200). Reduced yarding saw a generally softer lamb market with prices easing across most categories, while strong processor demand lifted heavy mutton values. Full report available here.
  • Griffith sheep report (Elders) (17/4). Watch the latest report here
Victoria
  • Bendigo sheep report (MLA): Yarding: 13,110, (-440). Smaller yarding saw a softer, quality-driven lamb market with lighter and plainer types easing sharply, while top-fed crossbreds hit a record $475/head amid mixed and erratic overall conditions. Full report available here
  • MLA.
  • Elders
  • MM.
South Australia
  • No Reports
Western Australia
  • No Reports
Tasmania
  • No Reports