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.
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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