Sheep Market Summary – 27 April 2026

by | Apr 28, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets showed softer trends overall, with increased lamb supply and subdued, selective buyer demand placing downward pressure on prices, particularly in heavy lamb categories.

The trends appear to be:

  • Supply increased, particularly in VIC lamb yardings
  • Buyer demand selective and subdued across most categories
  • Lamb prices softer overall, with heavy lambs most affected
  • Trade and lighter lambs mixed, with occasional stronger results for quality lines
  • Sheep (mutton) numbers lower, with limited trend data but generally steady to softer conditions
  • Market remains quality-driven, with better-presented lambs attracting stronger competition 

 

East Coast (NSW, VIC)

  • NSW (Griffith) saw:
    • Watch the detailed pricing trends available
  • VIC (Bendigo, Shepparton) saw:
      • Bendigo (12,570 lambs, 1,970 sheep) recorded a softer lamb market due to increased supply
      • Heavy lamb prices dropped $15–$20/head
      • Demand remained subdued and selective
      • Lighter and quality trade lambs showed mixed results, with occasional stronger competition

    Summary: VIC markets led the softer trend, with higher lamb supply and selective demand weighing on prices, particularly for heavy lambs, while quality trade lines showed some resilience

     

    👉 See full sale reports and videos below 

     

     

    Sheep Marketplace New Listings

    No new listings today

    Sheep yardings & reports

    Queensland
    • No Reports
    New South Wales
    Victoria
    • Bendigo sheep report (MLA): Yarding: 14,540, (+1,430). Lamb market softened with increased supply, as heavy lamb prices dropped $15–$20/head and overall demand remained subdued and selective, while lighter and quality trade lines showed mixed but occasionally stronger results. Full report available here.
    • GVLX Shepparton sheep report (RLX) (24/4) Watch the latest report here
    South Australia
    • No Reports
    Western Australia
    • No Reports
    Tasmania
    • No Reports