A flock of sheep grazing in an orchard.

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

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.
Billings, MT $390.29 NQ NA $259.97 50.1%
Newell, SD $383.10 $367.31 4.3% $288.48 32.8%
Sioux Falls, SD $378.35 $294.95 28.3% NQ NA
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 40-90 lbs, Wtd Avg, $/cwt.
New Holland, PA $346.84 $333.37 4.0% $262.77 32.0%
Mt. Hope, OH NQ $359.96 NA NQ NA
San Angelo, TX $345.85 $310.00 11.6% $267.01 29.5%
Slaughter Lamb Prices, Wtd Avg, $/cwt.
Negotiated Purchase, live $282.92 $284.63 -0.6% $225.16 25.7%
Equity Electronic Auction Prices, $/cwt. 
Feeder Lambs NQ NQ NA NQ NA
Slaughter Lambs NQ $290.00 NA NQ NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt * $683.28 $685.64 -0.3% $499.81 36.7%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
Rack, 8-Rib, medium $1,457.87 $1,503.53 -3.0% $1,144.41 27.4%
Rack, roast-ready, frenched $3,027.03 $3,041.93 -0.5% $2,395.10 26.4%
Shoulder, square-cut $656.19 $658.59 -0.4% $464.33 41.3%
Trimmed Loins 4×4 $915.63 $914.03 0.2% $729.87 25.5%
Trimmed Loins 1×1 $1,154.46 $1,174.01 -1.7% $947.64 21.8%
Leg, trotter-off $690.68 $684.77 0.9% $522.64 32.2%
Leg, boneless tied $1,009.18 $1,005.51 0.4% $736.25 37.1%
Ground lamb $909.31 $894.84 1.6% $706.03 28.8%
National Lamb Comprehensive Carcass Value, $/cwt $627.52 $640.10 -2.0% $486.52 29.0%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,660.29 $1,654.69 0.3% $1,548.92 7.2%
AUS Shoulder (fresh, square-cut) $491.95 $486.20 1.2% $450.89 9.1%
AUS Leg (fresh, semi boneless) $629.83 $650.17 -3.1% $607.69 3.6%
AUS Rack (frozen, frenched, cap-off, 28 oz/up) $1,637.82 $1,612.08 1.6% $1,434.22 14.2%
NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,522.75 $1,529.44 -0.4% $1,362.16 11.8%
AUS Shoulder (frozen, square-cut) $669.13 $556.32 20.3% $388.35 72.3%
AUS Leg (frozen, boneless) $580.62 $600.34 -3.3% $563.29 3.1%
Direct to Consumer/Grass Fed Lamb Report (Monthly) https://www.ams.usda.gov/mnreports/lsmngflambgoat.pdf
Federally Inspected (FI) Sheep & Lamb Slaughter, head 38000 35000 8.6% 37980 0.1%
FI Average Live Weight, lbs 110 110 0.0% 111 -0.9%
FI Average Dressed Weight, lbs 57 56 1.8% 55 3.6%
FI Lamb & Mutton Production, million lbs 2.1 1.9 10.5% 2.1 0.0%
Current Week Prior Week Percent Change Prior Year Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
17 micron (Grade >80s) $8.39 $8.35 0.5% $6.67 25.8%
18 micron (Grade 80s) $8.05 $8.00 0.6% $6.25 28.8%
19 micron (Grade 70-80s) $7.32 $7.28 0.5% $5.70 28.4%
20 micron (Grade 64-70s) $6.41 $6.39 0.3% $5.40 18.7%
21 micron (Grade 64s) $6.03 $5.96 1.2% $5.34 12.9%
22 micron (Grade 62s) $5.98 $5.94 0.7% $5.27 13.5%
23 micron (Grade 60-62s) NQ NQ NA $5.00 NA
24 micron (Grade 60s) NQ NQ NA NQ NA
25 micron (Grade 58s) $3.83 $3.80 0.8% $3.18 20.4%
26 micron (Grade 56-58s) $3.40 $3.43 -0.9% $2.89 17.6%
28 micron (Grade 54s) $2.63 $2.70 -2.6% $2.22 18.5%
30 micron (Grade 50s) $2.48 $2.52 -1.6% $1.94 27.8%
32 micron (Grade 46-48s) $1.90 $1.99 -4.5% $1.52 25.0%
Merino Clippings $3.78 $3.75 0.8% $2.58 46.5%
* 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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