Sheep Market Summary – 24 August 2026

by | Aug 25, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were supported by sharply reduced yardings, with strong competition maintaining prices for quality new season lambs and heavy mutton, although secondary lambs and some trade lines eased.

The trends appear to be:

  • Reduced yardings across NSW and Victoria provided support for quality sheep and lambs.
  • Top-end new season lambs held firm at Corowa, while secondary and old-season lambs eased.
  • Well-covered Merino lambs at Dubbo gained $10–$15/head despite the smaller yarding.
  • Reduced mutton supplies strengthened prices, with heavy mutton remaining in strong demand.
  • Trade and heavy lambs at Tamworth eased despite the smaller offering.

New South Wales

  • Corowa yarded 3,470 lambs and 1,990 sheep, with top-end new season lambs holding firm while secondary and old-season lambs eased; strong competition kept heavy mutton prices high.
  • Tamworth yarded 1,320 lambs and 880 sheep, with trade and heavy lambs easing while extra heavy mutton topped at $300/head.
  • Dubbo yarded 17,525 lambs and 5,405 sheep, with crossbred lambs holding firm and well-covered Merino lambs gaining $10–$15/head, while reduced mutton supplies strengthened prices.
  • Additional reports were available from the Weekly Wool Report and Wagga. 

Summary: NSW markets were generally supported by reduced supply, with quality lambs and heavy mutton attracting strong competition despite softer results for secondary lambs.

Victoria

  • Bendigo yarded 6,300 lambs and 2,870 sheep, with total numbers falling sharply.
  • Additional agency reports were available from Bendigo. 

Summary: Victorian sheep supplies fell significantly, with the reduced offering expected to provide support to quality stock.

National Summary

Australian sheep markets were supported by sharply lower yardings, with reduced supply strengthening competition for quality lambs and mutton, although some secondary and trade lambs remained under pressure.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Corowa sheep report: Yarding: 5,460, (-2,120) A sharply smaller 1,050-head new season lamb yarding saw top-end prices hold firm while secondary and old-season lambs eased, with strong competition keeping heavy mutton prices high. Full report available here
    • TRLX Tamworth sheep report (Inc audio): Yarding: 2,200, (-1,520) A significantly smaller yarding of lambs and sheep met a softer market, with trade and heavy lambs easing while extra heavy mutton topped at $300/head. Full report available here
    • Dubbo sheep report (Inc audio): Yarding: 22,930, (-7,850) A smaller yarding saw crossbred lambs hold firm while well-covered Merino lambs gained $10–$15/head, with reduced mutton supplies driving stronger prices. Full report available here
    • Weekly Wool Report (21/8). View the latest report here
    • Wagga sheep report (20/8) Watch the latest report here
    Victoria
    • Bendigo sheep report: Yarding: 9,170, (-6,860) A smaller mixed-quality yarding saw lamb prices steady to slightly firmer, with trade Merino sheep $10–$20/head dearer and stronger mutton demand. Full report available here
    South Australia 
    • No Reports
    Western Australia
    • No Reports
      Tasmania
      • No Reports