Trade lamb indicator soars to record territory at 1173c/kg

The national trade lamb indicator is now less than 30c/kg short of a mighty 1200c/kg. See all the prices.

less than 2 min read

July 17, 2025 - 10:44AM

The Weekly Times

The benchmark National Trade Lamb Indicator has surged to record territory at 1173c/kg carcass weight on July 17.

The indicator has increased 15c/kg in a week, 142c/kg in the past month and is 297c/kg higher than the same time last year.

The NTLI, calculated by Meat and Livestock Australia, is a seven-day rolling average of trade weight lambs from National Livestock Reporting Service reported saleyards across Australia. The NTLI includes lambs up to 12 months of age with all fat scores and carcass weights from 20–26kg.

Meanwhile, the restocker lamb indicator has risen to 943c/kg, which is 67c/kg higher than last week, 60c/kg higher than last month and 298c/kg up on last year.

The mutton indicator is sitting at 688c/kg, down 2c/kg in a week, up 14c/kg in a month and 210c/kg higher than a year ago.

David Hill, Garry and Jason Mickan of Walla Walla in southern NSW have set a new national lamb record of $440.20 at the Wagga sheep and lamb market. They are pictured with Elders Wagga Wagga livestock agents Will McLachlan, and Adam Boyd. Picture: Supplied

The National Trade Lamb Indicator’s latest close is based on 28,143 lambs sold during the past seven days. The top contributing saleyards were as follows:

Forbes

Head: 7635

Contribution %: 27.13

Average Price (c/kg cwt) Current Close: 1228.05

CVLX Ballarat

Head: 3982

Contribution %: 14.15

Average Price (c/kg cwt) Current Close: 1200.02

Dubbo

Head: 3276

Contribution %: 11.64

Average Price (c/kg cwt) Current Close: 1170.48