ASI Weekly Summary

Market Summary, Week ending May 15, 2015

Feeder Prices ($/cwt.), San Angelo: new crop 40-50 lbs. for 190, 60-90 lbs. for 165-182, 95-115 lbs. for 150-156; old crop 60-115 lbs. for 125-140.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 130-166 lbs. for 130-153.12 (wtd avg 146.30); wooled and shorn 190-197 lbs. for 122.69-125.60 (wtd avg 124.17).

Slaughter Prices - Formula1, 3,533 head at 250-321.35 $/cwt. for 79.50 lbs.; 2,392 head at 262.80-289.60 $/cwt. for 91.50 lbs.

Equity Electronic Auction, wooled 114 lbs. for $138.25/cwt., shorn 140 lbs. for $133/cwt.

Cutout Value/Net Carcass Value2, $325.94/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 518 head at 55-65 lbs. for 347.52, 851 head at 65-75 lbs. for 321.77, 1,007 head at 75-85 lbs. for 302.88, 2,732 head at 85 lbs. and up for 286.08.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 510.65, Rack, roast-ready, frenched (cap-on) 1,441.95, Rack, roast-ready, frenched, special (cap-off) 1,889.05, Leg, trotter-off, partial boneless 499.25, Shoulder, square-cut 289.27, Ground lamb 568.44.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 944.54, AUS Shoulder (fresh, square-cut) 242.49, AUS Leg (fresh, semi boneless) 388.89, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 836.76, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 773.98, AUS Shoulder (frozen, square-cut) 218.33.

Exported Adult Sheep, 329 head

Wool, Price ($/pound) Clean, Delivered (* denotes new prices), 18 micron (Grade 80s) NA, 19 micron (Grade 80s) 3.71-4.00, 20 micron (Grade 70s) 3.86, 21 micron (Grade 64-70s) 3.95*, 22 micron (Grade 64s) 3.78*, 23 micron (Grade 62s) 3.62*, 24 micron (Grade 60-62s) 3.48*, 25 micron (Grade 58s) 3.17*, 26 micron (Grade 56-58s) 3.02*, 27 micron (Grade 56s) 2.72*, 28 micron (Grade 54s) 2.50, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.89.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 4.10-4.64, 19 micron (Grade 80s) 3.93-4.45, 20 micron (Grade 70s) 3.76-4.26, 21 micron (Grade 64-70s) 3.70-4.19, 22 micron (Grade 64s) 3.57-4.05, 23 micron (Grade 62s) 3.48-3.95, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.14-3.56, 26 micron (Grade 56-58s) 2.91-3.30, 28 micron (Grade 54s) 2.56-2.91, 30 micron (Grade 50s) 2.40-2.72, 32 micron (Grade 46-48s) 2.08-2.35, Merino Clippings 3.05-3.46.

1Prices reported for the two weight categories of the largest volume traded. Second, multiplying the carcass prices by an estimated 50.4% dressing percentage yields live weight prices. 2The 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's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS