Meat and Livestock Australia reported due to the Labour Day public holiday in NSW and SA on Monday, not all physical markets were held and some sales, such as Dubbo, were held on other days.

Meat Livestock Australia reported this led to overall lamb yardings decreasing 15 per cent, while mutton fell 29pc.

Although the national trade lamb indicator gained 3¢ from last week, to end Thursday at 374 cents a kilogram carcass weight (cwt), trade lamb prices in Victoria went against the trend and lost 5c/kg.

The national heavy lamb indicator rose by 5-380c/kg as Victoria, SA and WA gained 4 to 16c/kg cwt. NSW was the only state to record a loss (4c), to average 378c/kg cwt.

The mutton indicator suffered this week, ending Thursday 7¢ lower than last week, at 156/kg cwt. SA, WA and Tasmania all recorded gains between 3c and 6c, however, NSW and Victoria had losses of 8c and 2c/kg cwt, respectively.