CVLX Ballarat Sheep Report

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Report Date: 24th March 2026

Total Yarding: 27,663

Commentary

Number decreased this week to 23,952 lambs . Quality was exceptional across the heavy trade to extra heavy exports lambs coming off supplementary feed, while the lambs through the lighter weight categories were more mixed. All the usual buying group were on the rail in another robust market, store and feeder competition remains very strong along with the highlight of one pen of extra heavy lambs averaging live weight of 83kg to 109kg to sell for $500/head, a new Ballarat recorded and national record price. Buyers were undeterred by light weights with most lambs selling over $200/head, store and feeder lambs sold to $10 dearer, light and medium trade sold to $5 stronger and Heavy trade gained $6/head. An outstanding offering of Extra heavy lambs sold to a top of $500 to be $10 to $15/head strong on last week’s levels.

Store lambs back to the paddock made $128 to $248, Lamb to feed on made $242 to $305/head. Light trade made from $190 to $235, Medium trade made from $248 to $275, heavy trade sold from $273 to $316/head. To average 1170c to 1270c, with sales regularly over 1300c/kg for the lighter weights. Heavy lambs 26 to 30kg sold from $292 to $358 and over 30kg lambs made from $336 to $500/head to average around 1130c/kg cwt. A limited offering of crossbred hoggets selling from $180 to $309 and the Merino’s made from $148 to $203/head.

Numbers slipped with 3,700 sheep penned. Merino wethers selling from $192 to $312 to average 870c to 940c/kg cwt. Merino ewes $98 to $167 light weights and $165 to $248/head for the heavier weights, to average 880c to 920c/kg cwt. Crossbred mutton made from $114 to $210 for the light weights and $203 to $340/head for the heavy weights and averaged 790c to 850c/kg cwt.

Market reporter: Sheona Lamb