Sheep Market Summary – 25 August 2026

by | Aug 26, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were generally firm to dearer, with strong processor and buyer competition supporting new-season lambs and mutton across NSW, while smaller yardings in Victoria and Tasmania produced mixed results.

The trends appear to be:

  • NSW markets strengthened, with Deniliquin, Forbes and Inverell recording firm to dearer results.
  • New-season lambs remained in demand, with tops reaching $329/head at Deniliquin and $400/head at Inverell.
  • Mutton strengthened strongly in NSW, supported by processor demand and tighter supplies.
  • Victoria and South Australia were mixed to firm, with smaller lamb yardings but stronger sheep prices.
  • Tasmania weakened, with prime lambs at Powranna selling $30–$50/head cheaper.
  • WA eased, with larger supplies at Muchea putting pressure on old-season lambs and mutton.

New South Wales

  • Deniliquin yarded 3,670 lambs and 2,050 sheep, with strong competition lifting new-season lambs to $329/head and heavy crossbred ewes to $319/head.
  • Forbes yarded 22,900 lambs and 8,300 sheep, with export lambs gaining $5–$10 to $400/head and sheep prices strengthening across major categories.
  • Inverell yarded 1,823 lambs and 1,193 sheep, with heavy lambs reaching $400/head and mutton improving on strong processor demand. 

Summary: NSW sheep markets remained strong, with solid demand lifting both lamb and mutton prices despite lower lamb numbers.

Victoria

  • Ballarat yarded 3,776 lambs and 2,792 sheep, with heavy lambs reaching $404/head and sheep prices dearer across all categories.

Summary: Victoria recorded a smaller lamb offering, but sheep prices strengthened and heavy lambs remained well supported.

South Australia

  • Dublin yarded 4,000 lambs and 800 sheep, with the market generally firm despite rain-affected presentation; extreme heavy lambs reached $360/head.
  • Naracoorte yarded 603 lambs and 698 sheep, with prices mostly firm and heavy lambs reaching $340/head. 

Summary: South Australian markets were generally firm despite wet conditions and reduced lamb numbers.

Tasmania

  • Powranna yarded 835 lambs and 296 sheep, with prime lambs selling $30–$50/head cheaper and heavy lambs reaching $410/head.

Summary: Tasmania weakened, led by a significant fall in prime lamb values.

Western Australia

  • Muchea yarded 4,038 lambs and 2,759 sheep, with old-season lambs easing $10–$15/head and mutton falling $8–$10/head, while heavy new-season lambs reached $327/head.

Summary: WA markets softened as the larger Muchea yarding increased supply and pressured old-season lamb and mutton prices.

National Summary

Australian sheep markets were mixed but generally supported by strong demand, with NSW leading gains in lamb and mutton prices while larger WA supplies and weaker Tasmanian results weighed on the overall market.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Deniliquin sheep report: Yarding: 5,720, (+1,280) Deniliquin’s 5,720-head yarding met strong competition, with new-season lambs to $329/head and sheep dearer, led by heavy crossbred ewes to $319/head. Full report available here
    • Forbes sheep report: Yarding: 31,200, (-10,100) The 31,200-head yarding averaged firm to dearer, with export lambs lifting $5–$10 to $400/head and sheep prices strengthening across all major categories. Full report available here
    • IRLX Inverell sheep report: Yarding: 3,016, (-63) Inverell’s 1,823 lambs and 1,193 sheep sold to a stronger market, with heavy lambs reaching $400/head and mutton also improving on strong processor demand. Full report available here
    • TRLX Tamworth sheep report (24/8). View the latest report here
    • Corowa sheep report (24/8) Watch the latest report here
    Victoria
    • CVLX Ballarat sheep report: Yarding: 6,568, (-4,895) Ballarat’s small 3,776-lamb and 2,792-sheep yarding saw a mixed market, with heavy lambs to $404/head and sheep dearer across all categories. Full report available here
    South Australia 
    • Dublin sheep report: Yarding: 4,800, (-850) Despite heavy rain affecting presentation, the 4,000-lamb and 800-sheep yarding was generally firm, with extreme heavy lambs reaching $360/head and heavy mutton to $290. Full report available here
    • Naracoorte sheep report (Inc audio): Yarding: 1,301, (-865) The small 603-lamb and 698-sheep yarding sold mostly firm, with heavy lambs reaching $340/head and heavy crossbred ewes to $262/head. Full report available here
    Western Australia
    • Muchea sheep report (Inc audio): Yarding: 6,797, (+3,527) Muchea’s near-7,000-head yarding saw old-season lambs ease $10–$15 and mutton fall $8–$10/head, with heavy new-season lambs reaching $327/head. Full report available here
    Tasmania
    • Powranna sheep report: Yarding: 1,131, (-151) Powranna’s smaller 835-lamb yarding sold $30–$50 cheaper for prime lambs, with heavy lambs to $410/head, while the limited mutton offering was mixed. Full report available hereÂ