ASI Weekly Summary

Market Summary, Week ending April 24, 2015

Feeder Prices ($/cwt.), San Angelo: new crop 50-60 lbs. for 212-220; 60-70 lbs. for 209-212; 70-80 lbs. for 198-208; 80-90 lbs. for 190-206; old crop 90-100 lbs. for 156-172.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 130-169 lbs. for 117-145.50 (wtd avg 136.03).

Slaughter Prices - Formula1, 2,130 head at 260-292 $/cwt. for 71 lbs.; 3,141 head at 264.98-310 $/cwt. for 81 lbs.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $327.78/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 433 head at 55-65 lbs. for 354.77, 975 head at 65-75 lbs. for 322.18, 1,409 head at 75-85 lbs. for 305.39, 2,620 head at 85 lbs. and up for 290.74.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 508.58, Rack, roast-ready, frenched (cap-on) 1,460.73, Rack, roast-ready, frenched, special (cap-off) 1,902.23, Leg, trotter-off, partial boneless 501.09, Shoulder, square-cut 291.12, Ground lamb 555.54.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 956.91, AUS Shoulder (fresh, square-cut) 259.63, AUS Leg (fresh, semi boneless) 284.47, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 998.08, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 787.10, AUS Shoulder (frozen, square-cut) 222.66.

Exported Adult Sheep, 700 head

Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) 3.98, 19 micron (Grade 80s) 3.85, 20 micron (Grade 70s) 3.63-3.70, 21 micron (Grade 64-70s) 3.55, 22 micron (Grade 64s) 3.43, 23 micron (Grade 62s) 3.17-3.19, 24 micron (Grade 60-62s) 3.04-3.05, 25 micron (Grade 58s) 2.97, 26 micron (Grade 56-58s) 2.80, 27 micron (Grade 56s) 2.68, 28 micron (Grade 54s) 2.45, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) NA.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 3.68-4.17, 19 micron (Grade 80s) 3.52-3.99, 20 micron (Grade 70s) 3.41-3.86, 21 micron (Grade 64-70s) 3.35-3.79, 22 micron (Grade 64s) 3.25-3.68, 23 micron (Grade 62s) 3.17-3.59, 24 micron (Grade 60-62s) 2.99-3.38, 25 micron (Grade 58s) 2.78-3.15, 26 micron (Grade 56-58s) 2.63-2.98, 28 micron (Grade 54s) 2.37-2.69, 30 micron (Grade 50s) 2.24-2.54, 32 micron (Grade 46-48s) 1.96-2.22, Merino Clippings 2.72-3.09.

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