Previous Close Sheep Markets Summary
Sheep and lamb markets strengthened across most eastern states, with strong processor and feeder demand lifting trade lambs and mutton prices despite mixed quality and rain-affected supply conditions.
The trends appear to be:
- Supply mixed overall, with NSW yardings lifting at Wagga while many centres remained weather affected
- Strong buyer competition, particularly from processors and feeders supporting quality lambs
- Trade and heavy lambs generally dearer, especially grain-fed and well-finished lines
- Mutton markets stronger, with rain-driven restocker and processor demand lifting sheep prices sharply
- Quality continuing to influence results, with better-finished lambs attracting the strongest gains
- Store and lighter lambs more variable depending on breed and finish
East Coast (NSW, VIC)
Overall firm to dearer market, driven by strong processor competition and improved demand for quality lambs and mutton
NSW (Wagga) saw:
- Larger yarding of 40,580 head
- Lamb prices rise $7–$13/head
- Strong competition for grain-fed and quality trade lambs
- Heavy mutton prices sharply dearer on rain-driven demand
VIC activity was mostly report-based wool and agency updates, with no major MLA sheep indicators reported
Summary: Quality lambs and mutton continue to attract strong competition, with processor and feeder demand underpinning a generally dearer sheep market despite mixed seasonal conditions
Western Australia
Katanning and Fremantle activity centred on agency and wool market reporting, with no major MLA sheep sale indicators released
Summary: WA market tone remained generally supported, with industry attention focused on wool and agency market updates rather than benchmark sheep sale results
👉 See full sale reports and videos belowÂ
Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No reports
New South Wales
- Wagga sheep report (MLA): Yarding: 40,580, (+1,980) Quality grain-fed lambs and strong buyer competition lifted lamb prices $7–$13/head, while rain-driven demand pushed mutton values sharply higher. Full report available here.
- SELX Yass sheep report (RLX) (20/5) Watch the latest report here
- Weekly Wool Report (AWI) (20/5). Watch the latest report here
Victoria
- Southern Wool Report (AWN) Watch the latest report here
- Mildura sheep report (MM) Watch the latest report here
- Ouyen sheep reports (Elders)Â Full report available here
South Australia
- No Reports
Western Australia
- Katanning sheep report. Full report available here.
- Fremantle Wool Report (AWN) (19/5) Watch the latest report here
Tasmania
- No Reports