Previous Close Sheep Markets Summary
Sheep markets showed mixed to softer trends nationally, with higher throughput in several eastern centres and variable quality leading to price pressure on lighter lambs, while processor demand and select heavy categories remained more resilient.
The trends appear to be:
- Supply increased in NSW and QLD, while VIC and WA saw more mixed to lower throughput
- Lamb supply higher overall in eastern states, adding pressure in some markets
- Processor demand supported heavy lambs, hoggets, and mutton in select centres
- Restocker and lighter lamb categories under pressure due to increased supply and mixed quality
- Sheep (mutton) market mixed, with heavy ewes generally firmer while store and lighter sheep eased
- Market remains quality-driven, with strong divergence between heavy processor stock and lighter lines
East Coast (NSW, VIC)
- Mixed to softer market overall, with lambs easing in many centres while processor-driven categories showed better resilience
- QLD (Warwick) saw:
- Increased supply in both lambs and sheep
- Lamb prices easing slightly overall
- Processor lambs, hoggets, and mutton strengthening on solid demand
- Mixed but more stable sheep market compared to lambs
- NSW results were mostly softer:
- Cowra (2,800 lambs, 680 sheep) saw an easier market, with most lamb and mutton categories easing despite firm trade weights
- Carcoar (9,760 lambs, 3,280 sheep) recorded a softer market overall, with most categories easing while select heavy trade lambs held firmer
- Yass (7,434 lambs, 7,124 sheep) saw a softer market, with lambs easing $11–$15/head and mutton down around $20/head due to ample lighter stock
- VIC results were sharply softer in volume terms:
- Horsham (3,900 lambs, 1,700 sheep) saw a significant reduction in lamb supply, with mixed sheep trends
- Hamilton (8,500 lambs, 5,000 sheep) also recorded lower lamb and sheep numbers, with easing across most categories
Summary: Eastern states recorded softer lamb trends overall due to higher supply and mixed quality, while processor categories such as heavy lambs and mutton held firmer in select markets
Western Australia
- Katanning (8,356 lambs, 5,211 sheep) saw:
- Lower overall numbers
- Strong quality supporting higher lamb prices, particularly light and trade weights
- Mutton mixed, with store lines easing but heavier ewes holding firm
Summary: Stronger lamb market supported by quality and reduced supply, with mixed sheep trends depending on weight and finish
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Sheep yardings & reports
Queensland
- Warwick sheep report (MLA): Yarding: 3,101, (+530). Higher sheep and lamb supply led to mixed results, with lamb prices easing slightly overall but processor lambs, hoggets, and mutton strengthening under solid demand. Full report available here.
New South Wales
- Cowra sheep report (MLA): Yarding: 3,480, (+30).Steady lamb supply and improved quality met softer competition, resulting in an overall easier market, with most lamb and mutton categories easing despite firm trade weights. Full report available here.
- CTLX Carcoar sheep report (MLA): Yarding: 13,040, (+4,070). Increased numbers and good quality met softer competition, resulting in a generally easier market, with most lamb and mutton categories easing while select heavy trade weights held stronger demand. Full report available here.
- SELX Yass sheep report (MLA): Yarding: 14,558, (+1,878).Similar lamb numbers but mixed quality and ample lighter stock led to a softer market, with lambs easing $11–$15/head and mutton down around $20/head. Full report available here.
- Northern Wool Report (AWN) Watch the latest report here
Victoria
- Horsham sheep report (MLA): Yarding: 5,600, (-3,850).Reduced lamb numbers and steady sheep supply saw a generally easier market, with prices easing $10–$20/head, although strong demand from feeders and restockers supported competition. Full report available here
- Hamilton sheep report (MLA): Yarding: 13,500, (-4,900). Significantly lower lamb numbers and mixed quality saw a generally dearer lamb market—led by strong gains in heavy weights—while sheep prices softened under weaker competition. Full report available here.
- Southern Wool Report (AWN). Watch the latest report here
South Australia
- No Reports
Western Australia
- Katanning sheep report (MLA): Yarding: 13,567, (-8,375). Lower overall numbers but strong quality saw lamb prices lift again—especially light and trade weights—while mutton was mixed, with store lines easing but heavier ewes holding firm. Full report available here.
Tasmania
- No Reports