Previous Close Sheep Markets Summary
Sheep markets came under pressure as dry conditions increased supply, with a large Wagga yarding pushing lamb prices lower, while mutton remained relatively firm.
The trends appear to be:
- Dry conditions increased lamb and sheep supplies, particularly at Wagga.
- New season lamb numbers increased significantly but prices fell $20–$30/head.
- Rough-skinned lambs attracted discounts amid volatile competition.
- Mutton demand remained relatively firm despite the larger yarding.
New South Wales
- Wagga yarded 31,500 lambs and 8,500 sheep, including 7,000 new season lambs, with prices falling $20–$30/head as increased supply and variable competition pressured the market, while mutton remained relatively firm.
Summary: NSW markets weakened sharply for lambs as dry conditions increased supply, while mutton remained comparatively firm.
Western Australia
- An additional agency report was available from Katanning.
Summary: No current yarding or price trend was available from the reported Katanning agency update.
National Summary
Australian sheep markets were pressured by increased supply, with the large Wagga yarding driving lamb prices lower while firm mutton demand provided some support.
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Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No Reports
New South Wales
- Wagga sheep report: Yarding: 40,000, (+11,100) Dry conditions lifted supply, with 7,000 new season lambs yarded and prices falling $20–$30/head amid volatile competition and discounts for rough-skinned lambs, while mutton remained relatively firm. Full report available here
Victoria
- No Reports
South AustraliaÂ
- No Reports
Western Australia
- Katanning sheep report (19/8) View the latest report here
Tasmania
- No Reports