A flock of sheep grazing in an orchard.

Weekly Sheep, Lamb & Wool Market Summary ~ Week Ending 10/31/2026

Current Week Prior Week Percent Change Prior Year Percent Change
USDA/AMS Livestock Auction Dashboard https://mymarketnews.ams.usda.gov/livestock_auction_dashboard
Feeder Lamb Prices, Medium and Large 1-2, 40-90 lbs, Wtd Avg, $/cwt.
Newell, SD $386.04 $383.74 0.6% $280.89 37.4%
Sioux Falls, SD $395.82 $397.47 -0.4% $281.72 40.5%
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 40-90 lbs, Wtd Avg, $/cwt.
New Holland, PA $349.93 $368.37 -5.0% $297.60 17.6%
Mt. Hope, OH $375.87 $379.05 -0.8% NQ NA
San Angelo, TX $342.00 $351.70 -2.8% $285.74 19.7%
Slaughter Lamb Prices, Wtd Avg, $/cwt.
Negotiated Purchase, live $281.00 $283.94 -1.0% $226.90 23.8%
Equity Electronic Auction Prices, $/cwt. 
Feeder Lambs NQ NQ NA NQ NA
Slaughter Lambs NQ $284.26 NA NQ NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt * $683.88 $681.82 0.3% $514.01 33.0%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
Rack, 8-Rib, medium $1,463.07 $1,488.53 -1.7% $1,209.78 20.9%
Rack, roast-ready, frenched $3,041.03 $3,018.06 0.8% $2,401.04 26.7%
Shoulder, square-cut $653.40 $657.84 -0.7% $455.91 43.3%
Trimmed Loins 4×4 $911.98 $923.18 -1.2% $726.29 25.6%
Trimmed Loins 1×1 $1,177.82 $1,111.87 5.9% $952.23 23.7%
Leg, trotter-off $684.07 $687.39 -0.5% $531.00 28.8%
Leg, boneless tied $1,003.96 $997.76 0.6% $753.57 33.2%
Ground lamb $911.13 $907.39 0.4% $728.12 25.1%
National Lamb Comprehensive Carcass Value, $/cwt NQ $621.25 NA $486.60 NA
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,595.39 $1,699.64 -6.1% $1,602.47 -0.4%
AUS Shoulder (fresh, square-cut) $471.06 $469.76 0.3% $453.90 3.8%
AUS Leg (fresh, semi boneless) $686.57 $693.91 -1.1% $575.53 19.3%
AUS Rack (frozen, frenched, cap-off, 28 oz/up) $1,642.64 $1,596.80 2.9% $1,506.40 9.0%
NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,542.24 $1,509.60 2.2% $1,435.04 7.5%
AUS Shoulder (frozen, square-cut) $416.13 $497.90 -16.4% $387.40 7.4%
AUS Leg (frozen, boneless) $605.04 $589.83 2.6% $555.63 8.9%
Direct to Consumer/Grass Fed Lamb Report (Monthly) https://www.ams.usda.gov/mnreports/lsmngflambgoat.pdf
Federally Inspected (FI) Sheep & Lamb Slaughter, head 34000 35000 -2.9% 38469 -11.6%
FI Average Live Weight, lbs 113 112 0.9% 110 2.7%
FI Average Dressed Weight, lbs 57 57 0.0% 57 0.0%
FI Lamb & Mutton Production, million lbs 1.9 2.0 -5.0% 2.2 -13.6%
Current Week Prior Week Percent Change Prior Year Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
17 micron (Grade >80s) $8.28 $8.40 -1.4% $6.10 35.7%
18 micron (Grade 80s) $7.77 $7.98 -2.6% $5.71 36.1%
19 micron (Grade 70-80s) $7.03 $7.22 -2.6% $5.28 33.1%
20 micron (Grade 64-70s) $6.11 $6.34 -3.6% $5.09 20.0%
21 micron (Grade 64s) $5.70 $5.92 -3.7% $5.11 11.5%
22 micron (Grade 62s) $5.63 $5.79 -2.8% $5.01 12.4%
23 micron (Grade 60-62s) NQ NQ NA NQ NA
24 micron (Grade 60s) NQ NQ NA NQ NA
25 micron (Grade 58s) NQ $3.61 NA $2.79 NA
26 micron (Grade 56-58s) $3.05 $3.29 -7.3% $2.53 20.6%
28 micron (Grade 54s) $2.33 $2.52 -7.5% $2.09 11.5%
30 micron (Grade 50s) $2.23 $2.39 -6.7% $1.83 21.9%
32 micron (Grade 46-48s) $1.88 $2.01 -6.5% $1.53 22.9%
Merino Clippings $3.62 $3.74 -3.2% $2.47 46.6%
* The Net Cutout Value accounts for an average cost of $77.00 per cwt. paid by firms covered under LMR for processing and packaging.
User’s Guide to USDA’s Lamb Carcass Cutout – https://www.ams.usda.gov/sites/default/files/media/MNLambguide.pdf
** 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

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