Market Summary, Week ending November 13, 2009
The updated Market Summary can be accessed each Monday at
www.sheepusa.org.
Feeder Prices, San Angelo, set 87 lbs. for $104/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-155 lbs. for 88.90-100 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, Carcass Basis, 10,471 head
(1) at 172.77-203.33 $/cwt. for 71.60 ave. lbs., 7,249 head at 172.44-206.58 $/cwt. for 78.10 ave. lbs.;
Live Basis, not reported due to confidentiality.
Equity Electronic Auction, shorn and wooled 125 lbs. for $94.75/cwt.; 140 lbs. for $97.75/cwt.
Cutout Value/Net Carcass Value(2), $210.80/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,601 head at 55-65 lbs. for $215.96/cwt., 2,460 head at 65-75 lbs. for $199.43/cwt., 3,225 head at 75-85 lbs. for $195.35/cwt., 837 head at 85 lbs. and up for $188.95/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 351.42, Rack, roast-ready, frenched, 879.69, Leg (trotter-off, partial boneless) 394.13, Ground lamb 346.62, Shoulder (square-cut) 215.86.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, 20-24 oz to 28 oz/up) 802.37, AUS Rack (frozen, frenched, cap-off, 20-24 oz to 28 oz/up) 687.18, NZ Rack (frozen, frenched, cap-off, 12 oz/dn & 20 oz/up) 631.30, AUS Shoulder (fresh, square-cut) 188.17, AUS Leg (semi boneless, fresh) 283.13.
Exported Adult Sheep, 2,340 sheep.
Wool, Price ($/pound) Clean, Delivered, No new prices reported. 18 micron (Grade 80s) 4.00, 19 micron (Grade 80s) 2.43, 20 micron (Grade 70s) 2.20-2.48, 21 micron (Grade 64-70s) 2.70, 22 micron (Grade 64s) 2.68, 23 micron (Grade 62s) 2.62, 24 micron (Grade 60-62s) 1.88, 25 micron (Grade 58's) 2.09, 26 micron (Grade 56-58s) 1.35, 27 micron (Grade 56s) 1.33.
(1)Prices reported for the two weight categories of the largest volume traded.
(2)The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.
(Source: USDA/Agricultural Marketing Service)