Weekly Market Summary ~ Week Ending May 3

		Current Week	Prior Week	Percent Change	Prior Year	Percent Change
Feeder Lamb Prices, Medium and Large 1-2, 60-90 lbs, Wtd Avg, $/cwt.
	Ft. Collins, CO	NQ	NQ	NA	$182.61	NA
	Billings, MT	NQ	NQ	NA	NQ	NA
	Newell, SD	$273.00	NQ	NA	NQ	NA
	Sioux Falls, SD	NQ	NQ	NA	$202.50	NA
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 60-90 lbs, Wtd Avg, $/cwt.
	New Holland, PA	$285.43	$293.95	-2.9%	$253.86	12.4%
	Columbia, TN	NQ	$253.75	NA	NQ	NA
	San Angelo, TX	$272.58	$254.05	7.3%	NQ	NA
Livestock Auction Dashboard		https://mymarketnews.ams.usda.gov/livestock_auction_dashboard
Slaughter Lamb Prices, Wtd Avg, $/cwt.
	Negotiated Purchase, live	$216.91	$213.24	1.7%	$153.15	41.6%
Equity Electronic Auction Prices, $/cwt.
	Feeder Lambs	NQ	NQ	NA	NQ	NA
	Slaughter Lambs	NQ	NQ	NA	NQ	NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt *		$479.73	$480.11	-0.1%	$447.42	7.2%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
	Rack, 8-Rib, medium	$1,105.10	$1,097.33	0.7%	$1,176.86	-6.1%
	Rack, roast-ready, frenched	$2,151.61	$2,187.81	-1.7%	$2,328.80	-7.6%
	Shoulder, square-cut	$403.12	$403.75	-0.2%	$354.43	13.7%
	Trimmed Loins 4×4	$697.68	$698.26	-0.1%	$622.73	12.0%
	Trimmed Loins 1×1	$844.11	$921.56	-8.4%	$860.17	-1.9%
	Leg, trotter-off	$522.70	$524.91	-0.4%	$458.15	14.1%
	Leg, boneless tied	$763.38	$768.09	-0.6%	$674.35	13.2%
	Ground lamb	$656.78	$656.03	0.1%	$652.90	0.6%
National Lamb Comprehensive Carcass Value, $/cwt		$462.04	$449.39	2.8%	$360.56	28.1%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
	AUS Rack (fresh, frenched, cap-off, 28 oz/up)	$1,243.53	$1,303.20	-4.6%	$1,278.47	-2.7%
	AUS Shoulder (fresh, square-cut)	$324.77	$323.92	0.3%	$327.72	-0.9%
	AUS Leg (fresh, semi boneless)	$421.27	$377.18	11.7%	$430.88	-2.2%
	AUS Rack (frozen, frenched, cap-off, 28 oz/up)	$1,270.42	$1,200.55	5.8%	$1,425.45	-10.9%
	NZ Rack (frozen, frenched, cap-off, 20 oz/up)	$1,239.29	$1,198.57	3.4%	$1,277.63	-3.0%
	AUS Shoulder (frozen, square-cut)	$237.07	$217.78	8.9%	$272.80	-13.1%
	AUS Leg (frozen, boneless)	$452.96	$457.72	-1.0%	$366.39	23.6%
Federally Inspected (FI) Sheep & Lamb Slaughter, head		36,000	34,000	5.9%	34,100	5.6%
FI Average Live Weight, lbs		123	121	1.7%	127	-3.1%
FI Average Dressed Weight, lbs		62	62	0.0%	64	-3.1%
FI Lamb & Mutton Production, million lbs		2.2	2.1	4.8%	2.2	0.0%

		Current Week	Prior Week	Percent Change	Prior Year	Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
	17 micron (Grade >80s)	$5.17	$5.30	-2.5%	$6.88	-24.9%
	18 micron (Grade 80s)	$4.63	$4.76	-2.7%	$5.83	-20.6%
	19 micron (Grade 70-80s)	$4.29	$4.42	-2.9%	$5.13	-16.4%
	20 micron (Grade 64-70s)	$4.11	$4.22	-2.6%	$4.78	-14.0%
	21 micron (Grade 64s)	$4.02	$4.11	-2.2%	$4.57	-12.0%
	22 micron (Grade 62s)	$4.00	$4.05	-1.2%	$4.43	-9.7%
	23 micron (Grade 60-62s)	$3.99	$3.90	2.3%	$4.27	-6.6%
	24 micron (Grade 60s)	NQ	NQ	NA	NQ	NA
	25 micron (Grade 58s)	$2.20	$2.23	-1.3%	NQ	NA
	26 micron (Grade 56-58s)	$1.73	$1.72	0.6%	$1.83	-5.5%
	28 micron (Grade 54s)	$1.20	$1.21	-0.8%	$1.17	2.6%
	30 micron (Grade 50s)	$1.14	$1.13	0.9%	$1.08	5.6%
	32 micron (Grade 46-48s)	$1.00	$1.02	-2.0%	$0.91	9.9%
	Merino Clippings	$2.32	$2.38	-2.5%	$2.64	-12.1%
* The Net Cutout Value accounts for an average cost of $77.00 per cwt. paid by firms covered under LMR for processing and packaging.
** A 75-85 percent range of Australia price can be used as an estimated value of clean domestic prices.
NQ = No Quote, NA = Not Applicable