Sheep Market Summary – 26 June 2026

Previous Close Sheep Markets Summary

Sheep markets strengthened in the available reported sale, with reduced lamb numbers and strong post-rain buyer demand lifting prices across most lamb and mutton categories.

The trends appear to be:

• Lamb prices improved across most categories despite lower yardings
• Export and heavy lambs recorded some of the strongest gains
• Mutton markets strengthened, particularly for heavy ewes
• Reduced lamb supply supported competition
• Buyer demand remained strong following recent rainfall

New South Wales

A stronger market driven by tighter lamb supplies and increased buyer competition.

• Wagga (27,000 lambs, -3,400; 8,600 sheep, +2,100) reported higher prices across most lamb and sheep categories, with export lambs and heavy ewes reaching exceptional levels on strong post-rain demand.

Summary: Reduced lamb supplies and improved seasonal conditions supported a stronger market at Wagga, with export lambs, heavy lambs and mutton categories recording the most significant gains.

👉 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: 35,600, (-1,300) Reduced lamb numbers and strong post-rain demand drove lamb and sheep prices higher across most categories, with export lambs and heavy ewes reaching exceptional levels. Full report available here 
  • MLA
  • AWN
  • Elders
• Weekly Wool Report (AWI) View the latest report here

Victoria

• No Reports

South Australia

• No Reports

Western Australia

• No Reports

Tasmania

• No Reports