The heavy lamb indicator rose 1% to 1,119 Australian cents per kilogram carcase weight in MLA’s weekly wrap.

Heavy lamb and mutton indicators
Meat & Livestock Australia (MLA) reported on 16 October 2026 that its Heavy Lamb Indicator rose 1% during the week to 1,119 Australian cents per kilogram carcase weight. The indicator covered an offering of 22,022 head. The Mutton Indicator stood at 830 Australian cents per kilogram carcase weight across 46,731 head.
Yardings and processing volume
National lamb yardings increased 32% over the week to 186,153 head, the highest weekly total since April, while sheep yardings rose 16% to 69,243 head. In a separate slaughter series for the week ending 9 October, MLA recorded 359,287 lambs processed nationally, down 3.5% from the previous week.

