Sheep Market Summary – 3 September 2026

by | Sep 4, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were stronger at Wagga, with a surge in new-season lamb supply meeting robust processor and restocker demand, lifting trade, Merino and heavy lamb prices while mutton remained firm.

The trends appear to be:

  • Wagga’s new-season lamb numbers surged by 10,675 head in a very strong-quality yarding.
  • Strong processor and restocker demand lifted trade, Merino and heavy lamb prices.
  • Mutton remained firm despite the larger overall yarding.
  • National yardings increased by 2,855 head for the day, with lamb numbers driving the rise.

New South Wales

  • Wagga yarded 28,950 lambs and 7,575 sheep, with new-season lamb numbers surging by 10,675 head and strong processor and restocker demand driving a dearer market for trade, Merino and heavy lambs, while mutton remained firm.

Summary: NSW markets strengthened strongly at Wagga, with excellent-quality new-season lambs attracting robust demand despite increased supply.

Victoria

  • CVLX Ballarat report was available, but no current yarding or price trend was provided.

Summary: No current Victorian yarding or price trend was available from the reported Ballarat update.

Western Australia

  • Katanning report was available, but no current yarding or price trend was provided.

Summary: No current Western Australian yarding or price trend was available from the reported Katanning update.

National Summary

Australian sheep markets were supported by strong demand at Wagga, where a large increase in new-season lambs was absorbed by processors and restockers, resulting in dearer lamb prices while mutton remained firm. National week-to-date yardings were 22,662 head higher, driven largely by increased lamb numbers.

👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Wagga sheep report: Yarding: 36,525, (+2,855) New season lamb numbers surged by 10,675 in a very strong-quality yarding, with robust processor and restocker demand driving dearer trade, Merino and heavy lamb prices, while mutton remained firm. Full reports available here
Victoria
  • CVLX Ballarat sheep report (1/9) Watch the latest report here
South Australia 
  • No Reports
Western Australia
  • Katanning sheep report (2/9) View the latest report here
    Tasmania
    • No Reports

     

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