ASI Weekly Summary

Market Summary, Week ending February 20, 2015

Feeder Prices, San Angelo: 70-95 lbs. for 184-212 $/cwt., new crop 69 lbs. for $236/cwt., 70 lbs. for $232/cwt.

Slaughter Prices - Negotiated, wooled and shorn, 134-163 lbs. for 135.88-168.09 $/cwt. (wtd. ave. 150.11); wooled and shorn 170-186 lbs. for 125-132 $/cwt. (wtd. ave. 129.86).

Slaughter Prices - Formula (1), 3,971 head at 283.34-325.56 $/cwt. for 79.5 ave. lbs.; 2,947 head at 295.56-311.35 $/cwt. for 90.5 ave. lbs.

Equity Electronic Auction, No sale.

Cutout Value/Net Carcass Value (2), $327.30/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 682 head at 55-65 lbs. for 352.12, 1,551 head at 65-75 lbs. for 332.18, 1,172 head at 75-85 lbs. for 320.65, 1,597 head at 85 lbs. and up for 308.28.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 520.15, Rack, roast-ready, frenched (cap-on) 1,509.42, Rack, roast-ready, frenched, special (cap-off) 1,918.67, Leg, trotter-off, partial boneless 499.16, Shoulder, square-cut 296.47, Ground lamb 586.34.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 968.90, AUS Shoulder (fresh, square-cut) 271.97, AUS Leg (fresh, semi boneless) 368.86, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,032.00, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 794.75, AUS Shoulder (frozen, square-cut) 230.36.

Exported Adult Sheep, 329 head

Wool, Price ($/pound) Clean, Delivered, From 13 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) NA, 23 micron (Grade 62s) 3.20, 24 micron (Grade 60-62s) 2.92, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 micron (Grade 56s) 2.03 (from 3 weeks ago), 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.60.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 3.56-4.04, 19 micron (Grade 80s) 3.30-3.75, 20 micron (Grade 70s) 3.21-3.64, 21 micron (Grade 64-70s) 3.20-3.63, 22 micron (Grade 64s) 3.20-3.62, 23 micron (Grade 62s) 3.17-3.59, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.72-3.08, 26 micron (Grade 56-58s) 2.46-2.78, 28 micron (Grade 54s) 2.26-2.56, 30 micron (Grade 50s) 2.17-2.46, 32 micron (Grade 46-48s) 1.93-2.19, Merino Clippings 2.54-2.88.

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