Previous Close Sheep Markets Summary
Sheep and lamb markets strengthened further nationwide, with strong processor, feedlot, and restocker competition lifting prices across most categories despite wet conditions and larger yardings in several centres.
The trends appear to be:
- Strong buyer competition across trade, heavy, and export lamb categories
- Lamb markets generally dearer, with widespread gains of $10–$20/head
- Mutton markets firm to stronger, supported by processor demand
- Larger yardings in several eastern states met solid buying support
- Feedlot and restocker activity continuing to underpin quality lamb prices
- Store lambs more variable where quality was limited
East Coast (NSW, VIC, SA)
Overall firm to dearer market, with strong competition supporting widespread gains across lamb and mutton categories
NSW results were particularly strong:
- Forbes yarded 29,400 sheep and lambs in wet conditions, with strong competition lifting all weight categories dearer
- Tamworth agency reporting indicated continued active market participation despite smaller numbers
VIC (Ballarat) saw:
- Slightly larger lamb yardings
- Continued strong processor support across key categories
- Firm overall market conditions despite lower sheep numbers
SA markets strengthened:
- Naracoorte recorded gains of $10–$20/head across trade, export, and mutton categories in a sharply larger yarding
- Dublin reported firm to slightly dearer trends with strong competition for trade, heavy, and export lambs
Tasmania
- Powranna saw firm prime lamb prices and stronger mutton values
- Store lambs eased due to fewer quality lines available
Western Australia
Muchea (11,335 head) saw:
- Lamb prices lift $10–$15/head
- Strong processor, feedlot, and restocker demand
- Broad gains across most lamb weight categories despite lower sheep numbers
Summary: Sheep and lamb markets remain strongly supported nationwide, with processors, feedlots, and restockers competing aggressively for quality stock, driving widespread price gains across trade, export, and mutton categories despite larger yardings and wet conditions in some regions
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Sheep Marketplace New Listings
Sheep yardings & reports
Queensland
- No reports
New South Wales
- Forbes sheep report (MLA): Yarding: 29,400, (+15,000). A wet but heavily yarded sale of 29,400 sheep saw lambs and mutton both dearer, with strong competition lifting prices across all weight categories. Full report available here
- Corowa sheep report (Elders) (25/5) View the latest report here
- TRLX Tamworth sheep report (DC) (25/5): Yarding: 2,033. Watch the latest report here
Victoria
- CVLX Ballarat sheep report (MLA): Yarding: 17,677, (+482) Ballarat’s larger lamb sale finished dearer across most categories, with strong competition pushing heavy export lambs to $430/head and mutton to a record $390/head. Full report available here.Â
South Australia
- Dublin sheep report (MLA): Yarding: 6,000, (+1,350). A larger offering of 5,000 lambs and 1,000 sheep sold to firm to slightly dearer trends, with strong buyer competition across trade, heavy and export weights. Full report available here
- Naracoorte sheep report (MLA): Yarding: 3,789, (+1,764). A doubled yarding saw 3,303 lambs and 756 sheep sell to a $10–$20/head dearer market, with strong gains across trade, export and mutton categories. Full report available here
Western Australia
- Muchea sheep report (MLA): Yarding: 11,335, (-627). A steady yarding of 11,335 saw lambs lift $10–$15/head on strong processor, feedlot and restocker demand, with gains across most weight categories. Full report available here
Tasmania
- Powranna sheep report (MLA): Yarding: 2,108, (-331). Powranna’s smaller lamb yarding saw store lambs ease $10–$20 due to fewer quality lines, while prime lambs held firm and mutton lifted up to $5/head. Full report available here