Sheep Market Summary – 28 September 2026

by | Sep 29, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were generally softer across NSW and Victoria, with larger yardings and reduced processor and export competition weighing on lamb prices, while heavy lambs and mutton remained relatively well supported.

The trends appear to be:

  • NSW lamb markets were generally softer, with reduced processor and export competition weighing on prices.
  • Improved-quality new-season lambs at Tamworth attracted stronger demand, while old-season lambs eased.
  • Heavy lambs remained better supported at Dubbo despite a softer market for trade and restocker lambs.
  • Victoria was softer for lambs, while mutton remained relatively firm.
  • National lamb yardings increased, while sheep numbers declined.

New South Wales

  • Corowa recorded a mixed-quality yarding, with lamb prices falling amid reduced processor competition, while restockers remained active and mutton also eased.
  • Tamworth saw improved-quality new-season lambs attract stronger prices, while old-season lambs eased; mutton quality was mixed with steady demand.
  • Dubbo recorded a larger yarding that met a softer market amid dry-affected quality and absent export buyers, with trade and restocker lambs cheaper while heavy lambs strengthened. Mutton was mixed to dearer.

Summary: NSW sheep markets were generally softer, with reduced processor and export competition weighing on lambs, although quality new-season and heavy lambs remained better supported.

Victoria

  • Bendigo recorded a larger lamb offering that met a cheaper market as buyers targeted lower prices amid mixed quality, while mutton remained relatively firm on reduced supply of heavy sheep.

Summary: Victorian sheep markets were softer for lambs, while mutton remained comparatively firm.

National Summary

Australian sheep markets were generally softer, led by weaker lamb prices across NSW and Victoria as larger yardings met reduced processor and export competition. Quality new-season and heavy lambs remained better supported, while mutton was mixed to firm. National lamb yardings increased, while sheep numbers declined.

 👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports

    New South Wales
    • Corowa sheep report: Yarding: 8,390, (+170) A mixed-quality yarding saw lamb prices fall $15–$25/head on reduced processor competition, while restockers stepped in, with mutton also easing $20–$48/head. Full report available here
    • TRLX Tamworth sheep report (Inc audio): Yarding: 3,185, (-190) Similar yarding of 1,900 lambs saw improved quality in new-season lambs and stronger prices, while old-season lambs eased, with mutton quality mixed and demand steady. Full report available here
    • Dubbo sheep report (Inc audio): Yarding: 29,500, (+4,840) A larger yarding of 23,770 lambs met a softer market amid dry-affected quality and absent export buyers, with trade and restocker lambs cheaper while heavy lambs strengthened; mutton was mixed to dearer. Full report available here
    Victoria
    • Bendigo sheep report: Yarding: 22,010, (+1,670) Lambs fell $20–$25/head to average $242 as buyers targeted lower prices amid mixed quality, while mutton held relatively firm with fewer heavy sheep supporting demand. Full report available here 
    South Australia 
    • No Reports
    Western Australia
    • No Reports
    Tasmania
    • No Reports