Sheep Market Summary – 23 April 2026

by | Apr 24, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets showed softer trends overall, with increased yardings and mixed to lighter quality driving price declines, while subdued buyer demand placed pressure on both lamb and mutton categories.

The trends appear to be:

  • Supply increased in key centres, particularly in NSW
  • Lamb quality mixed, with a higher proportion of lighter stock impacting prices
  • Buyer demand subdued, contributing to softer results
  • Lamb prices eased across most categories, especially lighter and secondary types
  • Mutton also softer, with broad-based declines across most weights
  • Market remains sensitive to quality, with better-finished stock holding relatively stronger

 

East Coast (NSW, VIC)

  • Softer market overall, with increased supply and mixed quality leading to widespread price declines
  • NSW (Wagga) saw:
    • Larger yarding (40,000 total; 31,000 lambs, 9,000 sheep)
    • Mixed and lighter quality offering
    • Lamb prices easing $10–$30/head in an erratic market
    • Subdued buyer demand impacting competition
    • Mutton prices also easing across most categories
  • VIC (Ouyen) saw:
    • Watch the detailed pricing trends available

Summary: NSW markets drove the softer national trend, with higher supply and mixed quality resulting in weaker lamb and mutton prices

 

Western Australia

  • Fremantle wool sale saw:
    • Watch the detailed pricing trends available

Summary: Watch to determine clear market direction

👉 See full sale reports and videos below 

 

 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Wagga sheep report (MLA): Yarding: 40,000, (+1,500).A slightly larger but mixed and lighter yarding saw erratic lamb prices trend $10–$30/head cheaper amid subdued buyer demand, while mutton also eased across most categories. Full report available here.
Victoria
South Australia
  • No Reports
Western Australia
  • Fremantle wool report (AWN). Full report available here.
Tasmania
  • No Reports