USDA Reports Flat Wool Market Amid Rising Lamb Features

The USDA Agricultural Marketing Service released its weekly lamb, goat, veal, and wool market data on August 28, 2026. The report covers the period from August 24 to August 28 and reveals that no confirmed domestic wool trades were reported during the week.

Prices for wool are typically quoted FOB warehouse in original bag or square pack, with adjustments for length and quality: wools shorter than 75 mm are usually discounted by 10 to 20 cents clean, while classed and skirted wools often trade at a premium of 10 to 20 cents over original bag prices.

The Australian wool market saw the Eastern Market Indicator (EMI) stand at 1,853 Australian cents per kilogram, with 23,651 bales offered. The exchange rate was 0.7176 US dollars per Australian dollar, and 2 percent of the offered wool was passed in.

For retail lamb features, the report for the period ending August 27, 2026, shows that the feature rate increased by 1.1 percent, while the activity index decreased by 19.4 percent.