ASI Weekly Summary

Market Summary, Week ending July 31, 2015

Feeder Prices ($/cwt.), San Angelo: 60-80 lbs. for 180-184, set of reputation 192; 80-95 lbs. for 175-180.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 129-159 lbs. for 154.55-167 (wtd avg 158.63).

Slaughter Prices - Formula1, 1,986 head at 278.06-319.07 $/cwt. for 79.3 lbs.; 2,221 head at 262.58-284 $/cwt. for 114.1 lbs.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $318.72/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 792 head at 55-65 lbs. for 340.74, 2,022 head at 65-75 lbs. for 327.96, 1,441 head at 75-85 lbs. for 315.57, 868 head at 85 lbs. and up for 292.37.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 516.97, Rack, roast-ready, frenched (cap-on) 1,380.86, Rack, roast-ready, frenched, special (cap-off) 1,773.01, Leg, trotter-off, partial boneless 487.31, Shoulder, square-cut 292.88, Ground lamb 552.37.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 969.54, AUS Shoulder (fresh, square-cut) 260.27, AUS Leg (fresh, semi boneless) 383.45, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 843.89, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 760.99, AUS Shoulder (frozen, square-cut) 199.05.

Exported Adult Sheep, 0 head

Wool, Price ($/pound) Clean, Delivered, June-July prices: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) 4.21, 20 micron (Grade 70s) 4.20, 21 micron (Grade 64-70s) 3.90-3.96, 22 micron (Grade 64s) 3.69, 23 micron (Grade 62s) 3.53, 24 micron (Grade 60-62s) 3.42, 25 micron (Grade 58s) 3.18-3.32, 26 micron (Grade 56-58s) 2.95, 27 micron (Grade 56s) 2.89, 28 micron (Grade 54s) 2.62, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.89.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound), From 4 weeks ago: 18 micron (Grade 80s) 3.73-4.22, 19 micron (Grade 80s) 3.52-3.99, 20 micron (Grade 70s) 3.43-3.89, 21 micron (Grade 64-70s) 3.42-3.88, 22 micron (Grade 64s) 3.39-3.84, 23 micron (Grade 62s) 3.34-3.78, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.80-3.17, 28 micron (Grade 54s) 2.37-2.69, 30 micron (Grade 50s) 2.13-2.42, 32 micron (Grade 46-48s) 1.84-2.08, Merino Clippings 2.72-3.08.

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 Source: USDA's AMS Source: USDA's AMS