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Weekly Sheep Market Summary ~ Week Ending March 15

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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 NQ NA
Billings, MT NQ NQ NA NQ NA
Newell, SD $271.00 NQ NA $226.27 19.8%
Sioux Falls, SD $324.62 NQ NA $180.00 80.3%
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 60-90 lbs, Wtd Avg, $/cwt.
New Holland, PA NQ NQ NA $368.45 NA
Columbia, TN $283.34 NQ NA $264.38 7.2%
San Angelo, TX $295.40 $276.00 7.0% NQ NA
Slaughter Lamb Prices, Wtd Avg, $/cwt.
Negotiated Purchase, live $201.45 $191.24 5.3% $135.90 48.2%
Equity Electronic Auction Prices, $/cwt.
Feeder Lambs NQ NQ NA $148.75 NA
Slaughter Lambs NQ NQ NA NQ NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt * $470.16 $475.66 -1.2% $446.74 5.2%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
Rack, 8-Rib, medium $1,109.34 $1,104.95 0.4% $1,163.34 -4.6%
Rack, roast-ready, frenched $2,078.37 $2,149.91 -3.3% $2,368.52 -12.3%
Shoulder, square-cut $409.40 $404.52 1.2% $353.68 15.8%
Trimmed Loins 4×4 $707.06 $712.43 -0.8% $627.50 12.7%
Trimmed Loins 1×1 $934.07 $937.78 -0.4% $915.57 2.0%
Leg, trotter-off $508.70 $523.49 -2.8% $459.92 10.6%
Leg, boneless tied $762.11 $754.65 1.0% $667.23 14.2%
Ground lamb $651.92 $653.45 -0.2% $657.96 -0.9%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,205.39 $1,215.66 -0.8% $1,274.07 -5.4%
AUS Shoulder (fresh, square-cut) $324.72 $312.02 4.1% $348.56 -6.8%
AUS Leg (fresh, semi boneless) $384.08 $402.15 -4.5% $437.20 -12.2%
AUS Rack (frozen, frenched, cap-off, 28 oz/up) $1,266.75 $1,230.61 2.9% $1,462.53 -13.4%
NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,257.14 $1,262.98 -0.5% $1,290.65 -2.6%
AUS Shoulder (frozen, square-cut) $210.10 $220.68 -4.8% $259.85 -19.1%
AUS Leg (frozen, boneless) $419.37 $461.78 -9.2% $368.75 13.7%
Federally Inspected (FI) Sheep & Lamb Slaughter, head 40,000 41,000 -2.4% 39,388 1.6%
FI Average Live Weight, lbs 128 127 0.8% 130 -1.5%
FI Average Dressed Weight, lbs 65 65 0.0% 66 -1.5%
FI Lamb & Mutton Production, million lbs 2.6 2.6 0.0% 2.6 0.0%
Current Week Prior Week Percent Change Prior Year Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
17 micron (Grade >80s) $5.44 $5.39 0.9% $7.04 -22.7%
18 micron (Grade 80s) $4.87 $4.81 1.2% $6.03 -19.2%
19 micron (Grade 70-80s) $4.46 $4.40 1.4% $5.12 -12.9%
20 micron (Grade 64-70s) $4.20 $4.17 0.7% $4.60 -8.7%
21 micron (Grade 64s) $4.12 $4.08 1.0% $4.40 -6.4%
22 micron (Grade 62s) $4.04 $4.00 1.0% $4.29 -5.8%
23 micron (Grade 60-62s) NQ NQ NA NQ NA
24 micron (Grade 60s) NQ NQ NA $2.86 NA
25 micron (Grade 58s) $2.24 $2.21 1.4% $2.42 -7.4%
26 micron (Grade 56-58s) $1.74 $1.71 1.8% $1.86 -6.5%
28 micron (Grade 54s) $1.23 $1.22 0.8% $1.20 2.5%
30 micron (Grade 50s) $1.18 $1.17 0.9% $1.12 5.4%
32 micron (Grade 46-48s) $1.05 $1.04 1.0% $0.92 14.1%
Merino Clippings $2.33 $2.28 2.2% $2.84 -18.0%
* 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

Additional Market Information

Australian Wool Exchange (AWEX)

Livestock Marketing Information Center (LMIC)

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