Sheep Market Summary – 8 July 2026

by | Jul 8, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets were generally firm across the country, with strong competition for well-finished trade and heavy lambs, while increased supply weighed on prices in some centres and mutton markets remained mixed.

The trends appear to be:

  • Strong demand supported quality trade and heavy lambs
  • Mixed yardings produced varied market results
  • Mutton markets were generally firm but eased in some centres
  • Additional agency reports provided further market coverage

New South Wales

  • Forbes (17,950 lambs, 3,550 sheep) – Numbers eased to 21,500 head, with well-finished trade and export lambs selling to a stronger market while mutton remained firm on mixed quality. An additional market report was available from AWN.
  • Tamworth – Additional sheep market reports were available from RLX and DC.

Summary: NSW sheep markets strengthened on quality trade and export lambs, while firm mutton prices were supported despite lower yardings.

Victoria

  • Ballarat (9,183 lambs, 1,931 sheep) – MLA released its latest market report. Additional market reports were available from Elders and TBW.
  • Bairnsdale – BW released its latest sheep market report.
  • Koonwarra – RLX released its latest sheep market report.

Summary: Victoria’s activity was led by Ballarat, with additional agency reports providing broader market coverage across the state.

South Australia

  • Naracoorte (1,832 lambs, 599 sheep) – Lower numbers and mixed-quality yardings sold from firm to dearer, led by strong competition for heavy lambs. An additional market report was available from Elders.
  • Dublin (3,500 lambs, 700 sheep) – Numbers held steady, with trade and heavy lambs lifting $10–$20/head while mutton maintained recent high prices on limited supply. An additional market report was available from Elders.

Summary: South Australian sheep markets remained firm to dearer, with heavy lambs attracting strong competition and mutton prices holding at high levels.

Tasmania

  • Powranna (476 lambs, 593 sheep) – Smaller yardings saw trade and heavy lambs hold mostly firm, while the mutton market softened as the sale progressed. An additional market report was available from Nutrien.

Summary: Tasmania’s smaller offering sold to mostly firm lamb prices, although mutton eased later in the sale.

Western Australia

  • Muchea (5,002 lambs, 887 sheep) – Yarding increased to 5,889 head, with lamb prices easing on higher supply while sheep and mutton categories strengthened. An additional market report was available from Nutrien.

Summary: WA markets were mixed, with higher lamb supplies weighing on prices while sheep and mutton values strengthened.

National Summary

Australian sheep markets were generally firm, with strong competition supporting quality trade and heavy lambs, while increased supply in some regions tempered lamb prices and mutton markets remained mixed.

👉 See full sale reports and videos below. 

 

Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Forbes sheep report (MLA): Yarding: 21,500, (+9,500) Lamb & Sheep Market: Numbers eased to 21,500 head, with well-finished trade and export lambs selling to a stronger market while mutton remained firm on mixed quality. Full report available here 
  • TRLX Tamworth sheep report. Full report available here 
Victoria
  • CVLX Ballarat sheep report (MLA): Yarding: 11,114, (-1,188) Ballarat Lamb & Sheep: Lamb prices surged in a very strong market, while sheep sold $10–$20/head dearer, with crossbred mutton setting a new Ballarat record. Full report available here 
  • Bairnsdale sheep report (BW) (6/7) Watch the latest report here
  • EVLX Koonwarra sheep report (RLX) Watch the latest report here
South Australia
  • Naracoorte sheep report (MLA): Yarding: 2,431, (-266) Lamb & Sheep Market: Numbers eased to 2,431 head, with mixed-quality lambs and sheep selling from firm to dearer, led by strong competition for heavy lambs. Full report available here 
  • Dublin sheep report (MLA): Yarding: 4,200, (+600) Lamb & Sheep Market: Numbers held steady, with trade and heavy lambs lifting $10–$20/head and mutton maintaining recent high prices on limited supply. Full report available here 
Western Australia
  • Muchea sheep report (MLA): Yarding: 5,889, (+1,611) Muchea Sheep & Lambs: Yarding rose to 5,889 head, with lamb prices easing on increased supply while sheep and mutton categories strengthened amid solid demand. Full report available here 
Tasmania
  • Powranna sheep report (MLA): Yarding: 1,069, (-816) Powranna Lamb & Sheep: Smaller lamb and sheep yardings saw trade and heavy lambs hold mostly firm, while the mutton market softened as the sale progressed. Full report available here