Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources, including trade publications, radio broadcasts, agricultural news services, individuals involved in the industry as well as USDA NASS and AMS reports.
Lamb
Cash lambs were steady again last week. The lamb cutout value jumped $8.03 from the previous Friday to $555.28. Sheep and lamb harvest was estimated at 38,000 last week, which is 1,000 fewer than the previous week and 4,000 fewer than the same week last year. New crop lambs brought $160-$270/cwt, with some to $280/cwt.
