Sheep Market Summary – 7 October 2026

by | Oct 8, 2026 | Saleyards, Sheep, Sheep Market Summary

Previous Close Sheep Markets Summary

Sheep markets were generally stronger across Queensland and NSW, with quality lambs and mutton attracting solid demand, while Western Australia remained firm.

The trends appear to be:

  • Quality lambs and mutton strengthened across Queensland and NSW.
  • Strong demand particularly supported heavy, trade and restocker lambs.
  • Victoria provided limited current market detail.
  • WA remained firm, with strong competition for quality lambs.
  • National yardings were lower overall.

Queensland

  • Warwick saw a quality-driven market, with heavy lambs and mutton strengthening while lighter trade lambs eased and restocker and feeder lambs remained around recent levels.

Summary: Queensland sheep markets were mixed but quality-driven, with heavy lambs and mutton performing strongly.

New South Wales

  • Yass recorded stronger demand, with new-season store lambs and old trade lambs improving, while ewes eased and well-covered Merino wethers strengthened.
  • Cowra saw strong demand for a smaller, good-quality yarding, with trade and heavy lambs dearer and mutton also stronger.
  • Carcoar experienced strong demand for very good-quality lambs, with trade, heavy and restocker lambs strengthening and mutton also improving.
  • The Northern Wool Report provided no current sheep market trend.

Summary: NSW sheep markets were strong, led by excellent-quality lambs, strong restocker demand and improved mutton prices.

Victoria

  • Hamilton recorded a smaller yarding, while no current price trend was provided.
  • Additional Bairnsdale, Horsham and Southern Wool reports provided no current market trend.

Summary: Victorian sheep markets provided limited current pricing detail.

Western Australia

  • Katanning remained firm, with strong buyer competition supporting quality new-season lambs while heavier lambs and mutton also held their values.
  • The Fremantle Wool Report provided no current sheep market trend.

Summary: Western Australian sheep markets remained firm, supported by strong competition for quality lambs.

National Summary

Australian sheep markets were generally stronger across Queensland and NSW, driven by strong demand for quality lambs, heavy stock and mutton, while WA remained firm and Victoria provided limited current market detail. National yardings were lower overall.

 👉 See full sale reports and videos below. 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • Warwick sheep report: Yarding: 2,139, (+260) A quality-driven Warwick yarding saw heavy lambs and mutton strengthen, while lighter trade lambs eased $8–14/head and restocker and feeder lambs remained near last week’s rates. Full report available here
    New South Wales
    • SELX Yass sheep report (Inc audio): Yarding: 12,049, (-846) A larger lamb yarding saw new-season stores dearer and old trade lambs $10–15 higher, while ewes eased $5–10 and well-covered Merino wethers strengthened. Full report available here
    • Cowra sheep report (Inc audio): Yarding: 5,000, (-2,270) A smaller but good-quality lamb yarding saw strong demand, with trade lambs $15 dearer, heavy lambs $10 higher and mutton mostly $10/head dearer. Full report available here
    • CTLX Carcoar sheep report (Inc audio): Yarding: 6,700, (-880) A very good-quality lamb yarding saw strong demand, with trade lambs $10–15 dearer, heavy lambs up $20 or more, restocker lambs considerably dearer and mutton mostly $12/head higher. Full report available here
    • Northern Wool Report. Watch the latest report here
    Victoria
    • Bairnsdale sheep report (6/10) Watch the latest report here
    • Horsham sheep report. Watch the latest report here
    • Hamilton sheep report (Inc audio): Yarding: 3,400, (-350). A smaller, mixed-quality lamb and sheep yarding sold generally firm, with trade lambs steady and heavy sheep holding firm while lighter sheep eased in places. Full report available here
    • Southern Wool Report. Watch the latest report here
    South Australia 
    • No Reports
    Western Australia
    • Fremantle Wool Report (6/10). Watch the latest report here
    • Katanning sheep report: Yarding: 8,710, (+47) A similar Katanning yarding saw heavier new-season lambs more prominent, with strong buyer competition pushing quality lambs to $270 while lamb and mutton prices remained firm. Full report available here
    Tasmania
    • No Reports