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.
Cash lambs were steady again last week. The lamb cutout value was $542.05 last Friday, making it $5.58 higher. The estimated harvest of 40,000 sheep and lambs was 2,000 more than the previous week and 4,000 more than last year. Sheep and lamb harvest was 3% higher last year when compared to 2024, but lamb and mutton production was unchanged due to lighter lamb weights.
