Sheep Market Summary – 31 August 2026

by | Sep 1, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets strengthened across NSW, with strong buyer competition lifting both lamb and mutton prices despite larger lamb yardings, while Bendigo also recorded increased lamb supplies.

The trends appear to be:

  • Larger lamb yardings in NSW were met with strong buyer competition.
  • New-season trade lambs at Corowa gained $10–$20/head.
  • Heavy and extra-heavy lambs strengthened, with Tamworth topping at $403/head.
  • Mutton prices improved, particularly heavy Merino ewes at Corowa.
  • Bendigo lamb numbers increased significantly, while sheep numbers declined.

New South Wales

  • Corowa yarded 4,730 lambs and 2,010 sheep, with new-season trade lambs $10–$20 dearer and heavy Merino ewes gaining up to $50/head.
  • Tamworth yarded 2,220 lambs and 1,485 sheep, with heavy lambs $12–$15 dearer and extra-heavy lambs topping at $403/head.
  • Dubbo yarded 22,000 lambs and 3,260 sheep, with trade and heavy lambs $6–$14 dearer and mutton generally $10/head stronger. 

Summary: NSW sheep markets strengthened strongly, with solid competition driving gains across lambs and mutton despite increased lamb supplies.

Victoria

Bendigo yarded 9,290 lambs and 2,360 sheep, with lamb numbers increasing by 2,990 while sheep numbers fell by 510.

Summary: Bendigo recorded a larger lamb yarding and fewer sheep, although no specific price trend was available in the reported update.

National Summary

Australian sheep markets opened the week strongly, with increased lamb supplies met by solid buyer competition and higher prices across NSW, while mutton 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: 6,740, (+1,280) A strong buying field pushed lamb and mutton prices higher, with new-season trade lambs up $10–$20 and heavy Merino ewes gaining up to $50/head. Full reports available here
  • TRLX Tamworth sheep report (Inc audio): Yarding: 3,705, (+1,505) Tamworth’s larger lamb and sheep yarding met steady demand, with heavy lambs $12–$15 dearer and extra-heavy lambs topping $403/head. Full reports available here
  • Dubbo sheep report (Inc audio): Yarding: 25,260, (+2,330) A larger 22,000-head lamb yarding sold strongly, with trade and heavy lambs $6–$14 dearer and mutton generally up $10/head amid solid buyer competition. Full reports available here
Victoria
  • Bendigo sheep report: Yarding: 11,650, (+2,480) Lamb and sheep markets strengthened, with 9,290 lambs yarded and averages rising $7–$8/head amid strong demand, particularly for new-season lambs and mutton.
South Australia 
  • No Reports
Western Australia
  • No Reports
Tasmania
  • No Reports