Sheep Market Summary – 29 July 2026

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

Previous Close Sheep Markets Summary

 Sheep and lamb markets delivered mixed results across Australia, with stronger buyer competition supporting prices in several eastern centres, while larger yardings and softer processor demand weighed on markets in Western Australia.

The trends appear to be:

  • Stronger competition lifted lamb prices in several NSW and Queensland markets.
  • Mutton prices were mixed, strengthening in some centres but easing where supplies increased.
  • Larger yardings in Western Australia resulted in weaker lamb and sheep prices.
  • Additional agency reports provided broader market coverage.

Queensland

  • Warwick sheep yarded slightly more lambs and sheep, with stronger demand lifting lamb and hogget prices while mutton remained close to last week’s levels.

Summary: Queensland’s market remained firm, supported by stronger competition for lambs and hoggets.

New South Wales

  • Carcoar sheep halved lamb numbers, with stronger buyer competition lifting lamb and mutton prices, particularly for heavy and supplementary fed stock.
  • Cowra sheep increased lamb numbers, with good-quality new-season and heavy lambs selling to a slightly softer market while heavy lambs remained firm.
  • Yass sheep offered more and better-quality lambs, with stronger competition lifting most lamb prices, although mutton eased.
  • Additional agency reports were available from Forbes and Carcoar.

Summary: NSW markets were mixed to firm, with stronger buyer demand supporting lamb prices despite softer mutton in some centres.

Victoria

  • Hamilton sheep yardings fell sharply, with firm buyer demand lifting medium-weight lamb and sheep prices despite reduced processor activity.
  • Horsham sheep also reported lower lamb numbers, with an MLA report available.

Summary: Victorian markets remained generally firm as reduced yardings supported lamb and sheep prices.

South Australia

  • An additional agency report was available from Dublin.

Tasmania

  • An additional agency report was available from Powranna.

Western Australia

  • Katanning sheep yardings increased sharply, with larger supplies and weaker demand pushing lamb prices $20–$50/head lower and mutton $10–$20/head easier.
  • An additional agency report was available from Katanning.

Summary: Western Australian markets softened as higher yardings outweighed buyer demand.

National Summary

Australian sheep and lamb markets were mixed, with stronger competition supporting eastern states lamb prices while larger Western Australian yardings placed downward pressure on both lamb and mutton values.

 

👉 See full sale reports and videos below. 

 

 

 

Sheep Marketplace New Listings

Sheep marketplace listings

Sheep yardings & reports

Queensland
  • Warwick sheep report (MLA): Yarding: 1,560, (+390) Warwick yarding lifted slightly, with stronger demand driving dearer lambs and hoggets while mutton prices remained close to last week. Full report available here
New South Wales
  • Forbes sheep report (AWN) (28/7) Watch the latest report here
  • CTLX Carcoar sheep report (MLA): Yarding: 4,450, (-3,150) Lamb supply halved, with stronger buyer competition lifting lamb and mutton prices, particularly for heavy and supplementary fed stock. Full report available here 
  • Cowra sheep report (MLA): Yarding: 4,430, (+1,660) Lamb numbers increased, with good-quality new season and heavy lambs selling to a slightly softer market, while heavy lambs held firm. Full report available here
  • SELX Yass sheep report (MLA): Yarding: 10,790, (+2,450) Lamb quality and numbers improved, with stronger competition lifting most lamb prices, while mutton eased despite a better-quality offering. Full report available here
Victoria
  • Hamilton sheep report (MLA): Yarding: 3,000, (-1,300) Hamilton yardings declined sharply, with firm buyer demand lifting medium-weight lambs and sheep prices despite reduced processor activity. Full report available here
  • Horsham sheep report (MLA): Yarding: 3,300, (-800) Horsham offered a mixed-quality yarding, with firm lamb prices and strong competition for sheep, particularly heavy Merino and crossbred ewes. Full report available here
South Australia 
  • Dublin sheep report (Elders) (28/7) Watch the latest report here
Western Australia
  • Katanning sheep report (MLA): Yarding: 13,233, (+2,993) Katanning yardings rose sharply, with weaker demand and larger supplies pushing lamb prices $20–$50 lower and mutton prices $10–$20 easier. Full report available here
Tasmania
  • Powranna sheep report (Nutrien) (28/7) Watch the latest report here