National Trade Lamb Indicator: Wagga Wagga, Forbes, Corowa, Ballarat, Dubbo

Trade lamb prices are sitting at the 800c/kg barrier, while mutton has fallen back below 500c/kg. See the latest results here.

The benchmark National Trade Lamb Indicator is sitting at 800c/kg carcass weight on April 17, 2025.

It is a fall of 9c/kg in a week, and 168c/kg higher than at 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 699c/kg, which is down 51c/kg in a week and 183c/kg higher than a year ago.

The mutton indicator has settled at 425c/kg, it is down 32c/kg in a week and 206c/kg higher than a year ago.

Sheep and lambs go under the hammer at Bendigo. Picture: Zoe Phillips

The National Trade Lamb Indicator’s latest close is based on 21,114 lambs sold during the past seven days. The top contributing saleyards were as follows:

Forbes

Head: 5034

Contribution %: 23.84

Average Price (c/kg cwt) Current Close: 841.58

CVLX Ballarat

Head: 3931

Contribution %: 18.62

Average Price (c/kg cwt) Current Close: 811.08

Corowa

Head: 2351

Contribution %: 11.13

Average Price (c/kg cwt) Current Close: 795.41

Bendigo

Head: 2079

Contribution %: 9.85

Average Price (c/kg cwt) Current Close: 782.88

CTLX Carcoar

Head: 1572

Contribution %: 7.45

Average Price (c/kg cwt) Current Close: 824.80

SELX Yass

Head: 1541

Contribution %: 7.30

Average Price (c/kg cwt) Current Close: 796.21

Dubbo

Head: 960

Contribution %: 4.55

Average Price (c/kg cwt) Current Close: 798.47

Naracoorte

Head: 902

Contribution %: 4.27

Average Price (c/kg cwt) Current Close: 747.05

Cowra

Head: 861

Contribution %: 4.08

Average Price (c/kg cwt) Current Close: 775.72

Griffith

Head: 521

Contribution %: 2.47

Average Price (c/kg cwt) Current Close: 785.60