Sheep Market Summary – 29 September 2026

by | Sep 30, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were generally softer across NSW, Victoria and South Australia, while Tasmania and WA also recorded easier lamb prices, with heavy lambs and mutton showing more resilience.

The trends appear to be:

  • NSW lamb markets were generally cheaper, with reduced quality and softer buyer competition weighing on prices.
  • Victoria was softer for lambs, while mutton remained relatively well supported.
  • South Australia was mixed to softer, with generally steady lamb prices but weaker heavy lambs and mutton.
  • Tasmania recorded softer lamb prices despite increased offerings of trade and heavy lambs.
  • WA lambs eased, while heavy mutton strengthened.

New South Wales

  • Forbes recorded reduced lamb numbers with declining quality and weight contributing to a cheaper market, while mutton also eased.
  • Tamworth reports provided no current market trend.

Summary: NSW sheep markets were softer, with reduced lamb quality contributing to weaker prices, while buyer demand remained stronger for better-quality lambs.

Victoria

  • Ballarat recorded lower lamb and sheep numbers, although no current price trend was provided.
  • Shepparton reports provided no current market trend.

Summary: Victorian sheep markets had lower yardings, with limited current price detail available from the reported centres.

South Australia

  • Naracoorte recorded a larger lamb offering of mostly good quality, with prices generally steady despite some easing for heavy trade lambs and sheep.
  • Dublin recorded an easier market in line with eastern states, with heavy new-season lambs well sought after while heavy mutton eased and lighter sheep remained firm.

Summary: South Australian sheep markets were mixed to softer, with steady demand for quality lambs and lighter sheep offset by weaker heavy lamb and mutton prices.

Tasmania

  • Powranna recorded a larger lamb offering that eased, with increased trade and heavy lambs available while new-season and heavy lambs continued to attract solid prices.

Summary: Tasmanian lamb markets softened despite continued demand for quality new-season and heavy lambs.

Western Australia

  • Muchea recorded a smaller yarding, with store and heavy lambs easing while heavy mutton strengthened amid a full buyers gallery.
  • An additional Muchea report provided no current market trend.

Summary: WA sheep markets were softer for lambs, while heavy mutton remained well supported.

National Summary

Australian sheep markets were generally softer, with reduced lamb quality and buyer competition weighing on prices across several eastern markets. Quality new-season and heavy lambs remained better supported, while mutton results were mixed, with stronger demand for heavy mutton in WA. National lamb yardings were lower on the day but remained higher week to date, while sheep numbers were lower overall.

 👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports

    New South Wales
    • Forbes sheep report: Yarding: 35,950, (-1,100).Lamb numbers fell to 27,200 with reduced quality and weight contributing to a cheaper market, while new-season lambs topped $329 and mutton also eased across most categories. Full report available here
    • TRLX Tamworth sheep report (28/9)
    Victoria
    • CVLX Ballarat sheep report: Yarding: 9,608, (-2,652) Lamb numbers increased slightly but a cheaper market saw new-season lambs ease $7–$15 and old lambs $10–$25, while sheep competition was mixed amid limited buyer activity. Full report available here 
    • GVLX Shepparton sheep report: View the latest report here
    South Australia 
    • Naracoorte sheep report:Lamb numbers increased to 4,700 with mostly good quality and prices generally steady, though heavy trade lambs eased up to $10/head and sheep softened $5–$15 amid active feeder and restocker demand. Full report available here
    • Dublin sheep report:  Yarding: 9,900, (-600) An 8,400-lamb yarding saw generally fair-to-good quality and an easier market in line with eastern states, with heavy new-season lambs reaching $330 and heavy mutton easing while lighter sheep remained firm. Full report available here
    Western Australia
    • Muchea sheep report (Inc audio): Yarding: 4,741, (-946) A lighter yarding of around 2,500 lambs and 2,000 sheep saw store and heavy lambs ease $8–$15/head, while heavy mutton strengthened $5–$7/head with a full buyers gallery. Full report available here
    Tasmania
    • Powranna sheep report: Yarding: 1,010, (+343) Powranna’s small yarding of 794 lambs eased $5–$10, with more trade and heavy lambs offered, while new-season lambs reached $280 and heavy lambs topped $320. Full report available here