Previous Close Sheep Markets Summary
Sheep markets were mixed across the reported states, with strong demand lifting lamb prices in Victoria, South Australia and Western Australia, while New South Wales results varied by weight and category, and mutton generally softened at several centres.
The trends appear to be:
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New South Wales lamb markets were mixed, with store and heavy new-season lambs attracting stronger demand while trade lambs and mutton eased at some centres.
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Victorian trade and heavy lambs strengthened under strong buyer competition, with Merino sheep firm to dearer.
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South Australian new-season lambs met strong trade demand, with heavy lambs achieving excellent returns.
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Western Australian lamb and mutton prices rebounded on reduced yardings, including stronger demand for extra-heavy lambs and store ewes.
New South Wales
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Carcoar: Improved lamb quality and heavier weights met slightly softer competition, with trade lambs easing, heavy lambs mostly firm to slightly cheaper and mutton declining despite fewer sheep.
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Yass: Good-quality new-season lambs met firm to dearer demand, with store lambs and trade and heavy lambs strengthening while mutton eased slightly.
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Cowra: Trade lambs eased amid increased supply, while heavy new-season lambs remained firm to dearer; mutton prices softened.
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Summary: New South Wales markets were mixed, with stronger demand for store and heavy new-season lambs offset by softer trade lamb and mutton prices.
Victoria
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Horsham: Strong demand lifted trade and heavy lamb prices, while Merino sheep were firm to dearer and crossbred ewes eased slightly.
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Hamilton and Bairnsdale: Reports provided no specific price trends.
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Summary: Victorian lamb markets were stronger at Horsham, supported by solid buyer competition, while sheep results varied by type.
South Australia
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Mount Gambier: The first new-season lamb sale met strong trade buyer competition, with most lambs achieving high prices and heavy lambs attracting strong returns.
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Summary: South Australian new-season lambs opened strongly, supported by firm trade demand and competition for heavier weights.
Western Australia
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Katanning: Reduced yardings supported a strong price rebound across lamb categories, while mutton recovered and store ewes recorded substantial gains.
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Summary: Western Australian sheep markets rebounded, with reduced supply and improved competition lifting lamb and mutton prices.
National Summary
Sheep markets showed varied results, with New South Wales lamb and mutton prices mixed, while Victoria recorded stronger trade and heavy lamb demand. South Australia’s new-season lambs sold strongly, and Western Australia rebounded across lamb and mutton categories as yardings declined. Overall, demand remained strongest for quality, heavier lambs and selected store lines.
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Sheep yardings & reports
Queensland
- No Reports
New South Wales
- CTLX Carcoar sheep report: Yarding: 7,250, (-1,340) Improved lamb quality and heavier weights met slightly softer competition, with trade lambs easing $7/head, heavy lambs firm to $5 cheaper and mutton falling $10–$15/head despite fewer sheep yarded. Full report available here
- SELX Yass sheep report: Yarding: 20,805, (+4,555) Increased new-season lamb numbers and good quality met firm to dearer demand, with store lambs up $10–$20/head and trade and heavy lambs strengthening, while mutton prices eased slightly. Full report available here
- Cowra sheep report: Yarding: 6,030, (+1,760) Increased yarding of good-quality lambs saw trade weights ease $2–$7/head while heavy new-season lambs remained firm to dearer, reaching $400/head, as mutton eased $10/head. Full report available here
Victoria
- Horsham sheep report: Yarding: 12,100, (-450) Steady yarding of 8,700 lambs and 3,400 sheep met strong demand, with trade lambs $10/head dearer, heavy lambs up $5/head and Merino sheep firm to dearer, while crossbred ewes eased slightly. Full report available here
- Hamilton sheep report. Watch the latest report here
- Bairnsdale sheep report (27/10) Watch the latest report here
South Australia
- Mt Gambier sheep report: Yarding: 2,142, (+306) The first new-season lamb sale yarded 2,142 head and met strong trade buyer competition, with most lambs selling above 1,100c/kg cwt and heavy lambs reaching $360/head. Full report available here
Western Australia
- Katanning sheep report: Yarding: 11,802, (-1,886). Reduced yarding at Katanning to 11,802 head saw lamb prices rebound $10–$15/head across categories, with extra-heavy lambs reaching $313 and mutton recovering last week’s losses, including store ewes up $30/head. Full report available here
- Fremantle Wool Report (27/10) Watch the latest report here
Tasmania
- No Reports
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