Sheep, Lamb & Wool Market Summary – Week Ending November 26, 2021

The market summary is sourced from USDA Agricultural Marketing Service (AMS) reports and compiled by ASI.

Current Week Prior Week Percent Change Prior Year Percent Change
Commercial Feeder Prices, Medium and Large 1-2, 60-90 lbs, Wtd Avg, $/cwt.
Ft Collins, CO $296.62 $246.75 20.2% NQ NA
Newell, SD NQ $291.17 NA NQ NA
Sioux Falls, SD NQ $307.55 NA NQ NA
Billings, MT NQ $268.76 NA NQ NA
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 60-90 lbs, Wtd Avg, $/cwt.
San Angelo, TX NQ $324.93 NA NQ NA
New Holland, PA $309.87 $341.67 -9.3% $262.70 18.0%
Slaughter Lamb Prices, Wtd Avg, $/cwt.
Negotiated Purchase, live $233.56 $232.50 0.5% $167.29 39.6%
Formula Purchase, carcass basis NQ NQ NA NQ NA
Comprehensive-Formula & Negotiated, carcass basis NQ NQ NA NQ NA
Equity Electronic Auction Slaughter Prices, $/cwt.  NQ $220.25 NA NQ NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt. $617.85 $609.56 1.4% $402.05 53.7%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
Rack, 8-Rib, medium $1,420.26 $1,399.71 1.5% $881.87 61.1%
Rack, roast-ready, frenched $2,615.83 $2,643.85 -1.1% $1,637.93 59.7%
Shoulder, square-cut $497.47 $496.15 0.3% $367.55 35.3%
Trimmed Loins 4×4 $1,058.49 $1,001.77 5.7% $702.01 50.8%
Trimmed Loins 1×1 $1,389.98 $1,383.23 0.5% $865.68 60.6%
Leg, trotter-off $615.12 $603.01 2.0% $403.58 52.4%
Leg, boneless tied $896.24 $914.82 -2.0% $579.00 54.8%
Ground lamb $795.33 $783.23 1.5% $591.16 34.5%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,238.84 $1,286.36 -3.7% $873.57 41.8%
AUS Shoulder (fresh, square-cut) $406.79 $392.84 3.6% $324.26 25.5%
AUS Leg (fresh, semi boneless) $529.00 $474.86 11.4% $415.67 27.3%
AUS Rack (frozen, frenched, cap-off, 28 oz/up) $1,288.80 $1,265.68 1.8% NQ NA
NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,163.16 $1,157.42 0.5% NQ NA
AUS Shoulder (frozen, square-cut) $350.42 $345.56 1.4% NQ NA
AUS Leg (frozen, boneless) $551.31 $534.86 3.1% NQ NA
Premium Unshorn Pelt, Avg $/piece NQ NQ NA NQ NA
Federally Inspected (FI) Sheep & Lamb Slaughter, head 31,620 42,420 -25.5% 28,800 9.8%
FI Average Live Weight, lbs 126 126 0.0% 121 4.1%
FI Average Dressed Weight, lbs 64 63 1.6% 61 4.9%
FI Lamb & Mutton Production, million lbs 2.0 2.6 -23.1% 1.8 11.1%
Current Week Prior Week Percent Change Prior Year Percent Change
Domestic Wool, Delivered FOB, $/lb. clean
17 micron (Grade >80s) NQ NQ NA NQ NA
18 micron (Grade 80s) NQ NQ NA NQ NA
19 micron (Grade 70-80s) NQ NQ NA NQ NA
20 micron (Grade 64-70s) NQ NQ NA NQ NA
21 micron (Grade 64s) NQ NQ NA NQ NA
22 micron (Grade 62s) NQ NQ NA NQ NA
23 micron (Grade 60-62s) NQ NQ NA NQ NA
24 micron (Grade 60s) NQ NQ NA NQ NA
25 micron (Grade 58s) NQ NQ NA NQ NA
26 micron (Grade 56-58s) NQ NQ NA NQ NA
27 Micron (Grade 54-56s) NQ NQ NA NQ NA
28 micron (Grade 54s) NQ NQ NA NQ NA
29 micron (Grade 50-54s) NQ NQ NA NQ NA
30-34 micron (Grade 44-50s) NQ NQ NA NQ NA
Australian Wool, Delivered FOB, US$/lb. clean**
17 micron (Grade >80s) $7.95 $7.90 0.6% NQ NA
18 micron (Grade 80s) $6.70 $6.67 0.4% $5.38 24.5%
19 micron (Grade 70-80s) $5.58 $5.52 1.1% $4.75 17.5%
20 micron (Grade 64-70s) $4.62 $4.62 0.0% $4.26 8.5%
21 micron (Grade 64s) $4.43 $4.43 0.0% $4.06 9.1%
22 micron (Grade 62s) $4.40 $4.35 1.1% $3.95 11.4%
23 micron (Grade 60-62s) NQ NQ NA NQ NA
24 micron (Grade 60s) NQ NQ NA NQ NA
25 micron (Grade 58s) NQ NQ NA NQ NA
26 micron (Grade 56-58s) $2.57 $2.54 1.2% $2.74 -6.2%
28 micron (Grade 54s) $1.49 $1.50 -0.7% $1.78 -16.3%
30 micron (Grade 50s) $1.26 $1.27 -0.8% $1.40 -10.0%
32 micron (Grade 46-48s) NQ $0.94 NA $1.04 NA
Merino Clippings $3.06 $3.05 0.3% $2.62 16.8%

**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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