A flock of sheep grazing in an orchard.

Weekly Sheep, Lamb & Wool Market Summary ~ Week Ending October 24, 2025

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.
Ft. Collins, CO NQ NQ NA NQ NA
Billings, MT $269.67 NQ NA $195.81 37.7%
Newell, SD $273.04 $282.41 -3.3% $232.39 17.5%
Sioux Falls, SD $264.68 $287.01 -7.8% $258.79 2.3%
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 40-90 lbs, Wtd Avg, $/cwt.
New Holland, PA $293.87 $286.97 2.4% $238.93 23.0%
Columbia, TN NQ NQ NA NQ NA
San Angelo, TX $292.04 $290.75 0.4% $232.00 25.9%
Slaughter Lamb Prices, Wtd Avg, $/cwt.
Negotiated Purchase, live $222.08 $228.01 -2.6% $160.71 38.2%
Equity Electronic Auction Prices, $/cwt.
Feeder Lambs NQ NQ NA NQ NA
Slaughter Lambs $220.00 $225.00 -2.2% NQ NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt * $498.72 $503.25 -0.9% $460.79 8.2%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
Rack, 8-Rib, medium $1,144.58 $1,143.60 0.1% $1,070.84 6.9%
Rack, roast-ready, frenched $2,411.74 $2,471.04 -2.4% $2,118.62 13.8%
Shoulder, square-cut $447.53 $442.07 1.2% $404.66 10.6%
Trimmed Loins 4×4 $715.73 $738.03 -3.0% $702.15 1.9%
Trimmed Loins 1×1 $964.21 $968.44 -0.4% $713.98 35.0%
Leg, trotter-off $527.07 $511.04 3.1% $515.89 2.2%
Leg, boneless tied $725.20 $733.18 -1.1% $758.24 -4.4%
Ground lamb $720.48 $708.49 1.7% $641.30 12.3%
National Lamb Comprehensive Carcass Value, $/cwt $494.87 $490.43 0.9% $440.20 12.4%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,592.85 $1,535.43 3.7% $1,284.95 24.0%
AUS Shoulder (fresh, square-cut) $468.59 $459.70 1.9% $344.66 36.0%
AUS Leg (fresh, semi boneless) $618.59 $613.99 0.7% $474.41 30.4%
AUS Rack (frozen, frenched, cap-off, 28 oz/up) $1,482.63 $1,483.76 -0.1% $1,263.30 17.4%
NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,425.97 $1,400.24 1.8% $1,206.40 18.2%
AUS Shoulder (frozen, square-cut) $374.09 $371.77 0.6% $242.65 54.2%
AUS Leg (frozen, boneless) $548.12 $541.60 1.2% $399.26 37.3%
Direct to Consumer/Grass Fed Lamb Report (Monthly) https://www.ams.usda.gov/mnreports/lsmngflambgoat.pdf
Federally Inspected (FI) Sheep & Lamb Slaughter, head NQ NQ NA 35904 NA
FI Average Live Weight, lbs NQ NQ NA 121 NA
FI Average Dressed Weight, lbs NQ NQ NA 60 NA
FI Lamb & Mutton Production, million lbs NQ NQ NA 2.2 NA
Current Week Prior Week Percent Change Prior Year Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
17 micron (Grade >80s) $6.10 $6.31 -3.3% $5.21 17.1%
18 micron (Grade 80s) $5.71 $5.87 -2.7% $4.76 20.0%
19 micron (Grade 70-80s) $5.25 $5.35 -1.9% $4.36 20.4%
20 micron (Grade 64-70s) $5.04 $5.12 -1.6% $4.13 22.0%
21 micron (Grade 64s) $5.02 $5.08 -1.2% $4.03 24.6%
22 micron (Grade 62s) $5.00 $5.08 -1.6% $3.89 28.5%
23 micron (Grade 60-62s) NQ $4.80 NA $3.72 NA
24 micron (Grade 60s) NQ NQ NA NQ NA
25 micron (Grade 58s) $2.79 $2.85 -2.1% $2.27 22.9%
26 micron (Grade 56-58s) $2.57 $2.69 -4.5% $1.95 31.8%
28 micron (Grade 54s) $2.06 $2.09 -1.4% $1.32 56.1%
30 micron (Grade 50s) $1.84 $1.86 -1.1% $1.19 54.6%
32 micron (Grade 46-48s) $1.57 $1.56 0.6% $1.05 49.5%
Merino Clippings $2.46 $2.51 -2.0% $2.24 9.8%
* 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

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