Sheep Market Summary – 8 June 2026

by | Jun 5, 2026 | Feedlots, Processing, Sheep

Previous Close Sheep Markets Summary

Sheep markets remained firm to dearer across the eastern states, with tighter winter supplies and strong processor competition supporting lamb and mutton prices, particularly for heavy and well-finished stock.

The trends appear to be:

  • Supply lower overall, with reduced lamb yardings nationally
  • Strong processor and export demand supporting the market
  • Heavy and trade lambs generally dearer across major centres
  • Mutton markets firm to stronger amid tighter sheep supplies
  • Quality continuing to influence results, with well-finished lambs attracting premiums
  • Winter conditions contributing to lower offerings and increased competition

East Coast (NSW, VIC)

Overall firm to dearer market, driven by reduced supply and strong competition from processors and exporters.

NSW (Griffith) saw:

  • Reduced lamb numbers, with sheep numbers slightly higher
  • Heavy and trade lambs selling dearer
  • Extra heavy lambs reaching $440/head
  • Strong buyer competition supporting the market throughout

Summary: Lower winter yardings and solid processor demand continue to underpin lamb and sheep markets, with heavy lambs and quality stock attracting the strongest competition and price gains.

 

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Sheep Marketplace New Listings

Sheep yardings & reports

Queensland
  • No Reports
New South Wales
  • Wagga sheep report (MLA): Yarding: 29,600, (-1,030). Lamb and mutton markets surged on reduced supply, with strong export, domestic and feedlot competition driving heavy lamb prices $9–$12 higher. Full report available here.
  • Griffith sheep report (MLA): Yarding: 7,450, (-1,900). Reduced winter yarding lifted heavy and trade lamb prices, with extra heavy lambs reaching $440/head and strong demand supporting a firm-to-dearer market overall.. Full report available here
  • Weekly Wool Report (Elders). Full report available here.
Victoria
  • No Reports
South Australia
  • No Reports
Western Australia
  • No Reports
Tasmania
  • No Reports