Previous Close Sheep Markets Summary
Sheep and lamb markets were generally firm to dearer across Australia, with stronger competition supporting trade and heavy lamb categories in most reported centres. Mutton markets were also mostly positive, while quality continued to play an important role in pricing outcomes.
The trends appear to be:
- Trade lambs were consistently dearer across most eastern states
- Heavy lambs remained well supported and generally sold at higher prices
- Mutton markets were mostly firm to dearer
- Quality lambs attracted the strongest competition
- Buyer demand remained solid despite lower national yardings
- Wool reports from northern and southern regions were also released during the reporting period
East Coast (QLD, NSW, VIC)
Overall firm to dearer market, with lambs leading the gains.
Queensland
Limited reporting was available.
- Warwick (694 lambs, 324 sheep) recorded dearer store and trade lambs, while heavy processor lambs remained firm and sheep prices were generally steady.
Summary: Queensland sheep markets remained stable to slightly stronger, with improved trade lamb values and steady mutton results.
New South Wales
Markets were broadly dearer across reported centres.
- Cowra (2,180 lambs, 1,020 sheep) recorded trade lamb gains of $6–$12/head, heavy lambs improved by $10/head, and mutton prices strengthened.
- Carcoar (3,200 lambs, 1,100 sheep) saw trade lambs lift $10/head and heavy lambs improve $8/head, while mutton remained firm.
- Yass (4,575 lambs, 2,100 sheep) reported stronger lighter lamb prices, firm trade and heavy lambs, and improved mutton values.
Wool Market
The Northern Wool Report (AWN) was released, providing an update on wool market activity across northern selling centres.
Summary: NSW produced some of the strongest sheep market results nationally, with widespread gains across trade and heavy lamb categories and firm mutton markets.
Victoria
Mixed yarding trends but generally positive market conditions.
- Hamilton (6,100 lambs, 2,000 sheep) reported a larger lamb yarding, with market conditions remaining supportive.
- Horsham (1,450 lambs, 300 sheep) reported lower yardings, with detailed pricing information not provided in the summary.
Wool Market
The Southern Wool Report (AWN) was released, covering wool market conditions across southern selling centres.
Summary: Victorian markets remained generally firm, with lower sheep numbers and steady processor demand supporting the market.
Western Australia
Firm to dearer market.
- Katanning (6,000 lambs, 6,000 sheep) recorded gains across most lamb categories, while mutton prices were mixed but generally firm.
Summary: Western Australian markets remained well supported, with stronger lamb prices and stable mutton values despite mixed quality.
Tasmania
Only a Nutrien Powranna report was available, with no detailed market commentary provided.
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Sheep yardings & reports
Queensland
- Warwick sheep report (MLA): Yarding: 1,018, (-418) A smaller yarding saw dearer store and trade lambs while heavy processor lambs held firm, with sheep prices generally steady across most categories. Full report available here
New South Wales
- Cowra sheep report (MLA): Yarding: 3,200, (+320). Lamb numbers eased but strong buyer competition drove trade lambs $6–$12 higher, heavy lambs $10 dearer, and mutton prices up on improved quality. Full report available here
- CTLX Carcoar sheep report (MLA): Yarding: 4,300, (-1,700) A quality yarding and strong buyer competition lifted trade lambs by $10 and heavy lambs by $8, while mutton prices remained firm despite lower numbers. Full report available hereÂ
- Forbes sheep report (AWN) (23/6) Watch the latest report here
- Northern Wool Report (AWN) (23/6) Watch the latest report here
- SELX Yass sheep report (MLA): Yarding: 6,675, (-1,945) Lamb numbers rose with mixed quality, as strong demand lifted lighter lamb prices while trade and heavy lambs held firm, and mutton prices strengthened. Full report available here
Victoria
- CVLX Ballarat sheep report (RLX) (23/6) Watch the latest report here
- Hamilton sheep report (MLA): Yarding: 8,100, (+100) Hamilton lamb numbers increased and quality was mixed, with firm to slightly dearer lamb prices driven by strong demand for fed and feeder lambs, while sheep prices were mostly firm. Full report available here
- Horsham sheep report (MLA): Yarding: 1,750, (-2,000) Lower lamb and sheep numbers met steady buyer competition, with prices holding firm and extra heavy lambs selling dearer, while sheep values remained mostly unchanged. Full report available hereÂ
- Southern Wool Report (AWN) Watch the latest report here
South Australia
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- No Reports
Western Australia
- Muchea sheep report (MLA): Yarding: 5,018, (+1,162)  Increased lamb numbers and strong demand lifted trade lamb prices by $5–$7/head, while mutton and ram values remained firm despite tight sheep supplies. Full report available here
Tasmania
- Powranna sheep report (Nutrien) (23/6) Watch the latest report here