ASI Market Report

Market Summary, Week Ending May 19, 2017

Feeder Prices ($/cwt.), San Angelo: new crop 50-90 lbs. $216-$233; 91 lbs. $228; 100-105 lbs. $204-$208.

Slaughter Prices – Negotiated, wooled and shorn 133-232 lbs. $160.94 per cwt.

Slaughter Prices – Formula, 86.5 lbs. carcass weight $331.09 per cwt.

Slaughter Prices “Comprehensive Information” –- Formula & Negotiated, 85.56 lbs. carcass weight $327.71 per cwt.

Equity Electronic Auction, No sales

Cutout Value/Net Carcass Value (1), $364.40 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported for 45 lbs. and up.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins $588.22, Rack, roast-ready, frenched (cap-on) $1,552.48, Rack, roast-ready, frenched, special (cap-off) $1,833.67, Leg, trotter-off, partial boneless $ $521.18, Shoulder, square-cut $339.33, Ground lamb $530.89.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) $906.82, AUS Shoulder (fresh, square-cut) $253.53, AUS Leg (fresh, semi boneless) $406.92, AUS Rack (frozen, frenched, cap-off, 28 oz/up) $941.38, NZ Rack (frozen, frenched, cap-off, 20 oz/up) $830.36, AUS Shoulder (frozen, square-cut) $249.45.

Exported Adult Sheep, 335 head

Wool, ($/pound clean), delivered, Prices from 3 weeks ago: 18 micron (Grade 80s) 5.74-6.13, 19 micron (Grade 80s) 5.47, 20 micron (Grade 70s) 4.59-4.85, 21 micron (Grade 64-70s) 4.26-4.49, 22 micron (Grade 64s) 3.98-4.25, 23 micron (Grade 62s) 3.86-3.92, 24 micron (Grade 60-62s) 3.70, 25 micron (Grade 58s) 2.98-3.24, 26 micron (Grade 56-58s) 2.78, 27 micron (Grade 56s) 2.31-2.39, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) NA.

Australian Wool, ($/pound clean), delivered FOB warehouse & gross producers, 18 micron (Grade 80s) 5.66-6.41, 19 micron (Grade 80s) 5.04-5.71, 20 micron (Grade 70s) 4.21-4.78, 21 micron (Grade 64-70s) 3.91-4.43, 22 micron (Grade 64s) 3.74-4.24, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.03-3.43, 26 micron (Grade 56-58s) 2.79-3.16, 28 micron (Grade 54s) 2.04-2.31, 30 micron (Grade 50s) 1.56-1.77, 32 micron (Grade 46-48s) NA, Merino Clippings 3.12-3.54.

(1) 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