Weekly Market Summary ~ Week Ending May 10

		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	NQ	$273.00	NA	$164.57	NA
	Sioux Falls, SD	NQ	NQ	NA	$180.00	NA
Light Weight Slaughter Lamb Prices, Choice and Prime 1-3, 60-90 lbs, Wtd Avg, $/cwt.
	New Holland, PA	$273.69	$285.43	-4.1%	$214.42	27.6%
	Columbia, TN	NQ	NQ	NA	NQ	NA
	San Angelo, TX	$257.82	$272.58	-5.4%	$200.15	28.8%
Livestock Auction Dashboard		https://mymarketnews.ams.usda.gov/livestock_auction_dashboard
Slaughter Lamb Prices, Wtd Avg, $/cwt.
	Negotiated Purchase, live	$210.32	$216.91	-3.0%	$156.00	34.8%
Equity Electronic Auction Prices, $/cwt.
	Feeder Lambs	NQ	NQ	NA	NQ	NA
	Slaughter Lambs	NQ	NQ	NA	NQ	NA
Net Lamb Carcass Cutout Value, Wtd Avg, $/cwt *		$464.31	$479.73	-3.2%	$443.35	4.7%
Boxed Lamb Cuts, Wtd Avg, $/cwt.
	Rack, 8-Rib, medium	$1,102.02	$1,105.10	-0.3%	$1,136.14	-3.0%
	Rack, roast-ready, frenched	$2,143.90	$2,151.61	-0.4%	$2,296.23	-6.6%
	Shoulder, square-cut	$396.48	$403.12	-1.6%	$360.98	9.8%
	Trimmed Loins 4×4	$695.32	$697.68	-0.3%	$602.07	15.5%
	Trimmed Loins 1×1	$925.13	$844.11	9.6%	$885.22	4.5%
	Leg, trotter-off	$520.27	$522.70	-0.5%	$472.07	10.2%
	Leg, boneless tied	$739.37	$763.38	-3.1%	$671.08	10.2%
	Ground lamb	$649.57	$656.78	-1.1%	$647.18	0.4%
National Lamb Comprehensive Carcass Value, $/cwt		$439.17	$462.04	-4.9%	$377.25	16.4%
Imported Boxed Lamb Cuts, Wtd Avg, $/cwt.
	AUS Rack (fresh, frenched, cap-off, 28 oz/up)	$1,269.60	$1,243.53	2.1%	$1,278.90	-0.7%
	AUS Shoulder (fresh, square-cut)	$324.17	$324.77	-0.2%	$322.08	0.6%
	AUS Leg (fresh, semi boneless)	$419.38	$421.27	-0.4%	$433.56	-3.3%
	AUS Rack (frozen, frenched, cap-off, 28 oz/up)	$1,241.07	$1,270.42	-2.3%	$1,431.29	-13.3%
	NZ Rack (frozen, frenched, cap-off, 20 oz/up)	$1,214.15	$1,239.29	-2.0%	$1,285.95	-5.6%
	AUS Shoulder (frozen, square-cut)	$234.20	$237.07	-1.2%	$242.94	-3.6%
	AUS Leg (frozen, boneless)	$462.51	$452.96	2.1%	$347.76	33.0%
Federally Inspected (FI) Sheep & Lamb Slaughter, head		34,000	36,000	-5.6%	33,800	0.6%
FI Average Live Weight, lbs		123	123	0.0%	126	-2.4%
FI Average Dressed Weight, lbs		62	62	0.0%	64	-3.1%
FI Lamb & Mutton Production, million lbs		2.1	2.2	-4.5%	2.2	-4.5%

		Current Week	Prior Week	Percent Change	Prior Year	Percent Change
Australian Wool, Delivered FOB, US$/lb. CLEAN **
	17 micron (Grade >80s)	$5.14	$5.17	-0.6%	$6.88	-25.3%
	18 micron (Grade 80s)	$4.61	$4.63	-0.4%	$5.82	-20.8%
	19 micron (Grade 70-80s)	$4.28	$4.29	-0.2%	$5.10	-16.1%
	20 micron (Grade 64-70s)	$4.12	$4.11	0.2%	$4.76	-13.4%
	21 micron (Grade 64s)	$4.05	$4.02	0.7%	$4.57	-11.4%
	22 micron (Grade 62s)	$4.05	$4.00	1.3%	$4.42	-8.4%
	23 micron (Grade 60-62s)	$3.95	$3.99	-1.0%	$4.28	-7.7%
	24 micron (Grade 60s)	NQ	NQ	NA	$2.99	NA
	25 micron (Grade 58s)	$2.21	$2.20	0.5%	$2.34	-5.6%
	26 micron (Grade 56-58s)	$1.66	$1.73	-4.0%	$1.84	-9.8%
	28 micron (Grade 54s)	$1.20	$1.20	0.0%	$1.18	1.7%
	30 micron (Grade 50s)	$1.13	$1.14	-0.9%	$1.08	4.6%
	32 micron (Grade 46-48s)	$1.01	$1.00	1.0%	$0.92	9.8%
	Merino Clippings	$2.32	$2.32	0.0%	$2.58	-10.1%
* 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