ASI Weekly Summary

Market Summary, Week ending June 26, 2015

Feeder Prices ($/cwt.), From 2 weeks ago: San Angelo: 40-60 lbs. for 195-218, 60-90 lbs. for 180-197.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 128-173 lbs. for 146-166.54 (wtd avg 158.59); few loads 202-216 lbs. for 125.

Slaughter Prices - Formula2, 2,222 head at 274-303.44 $/cwt. for 79.2 lbs.; 2,148 head at 257.88-287 $/cwt. for 108.8 lbs.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $323.35/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 554 head at 55-65 lbs. for 345.44, 1,359 head at 65-75 lbs. for 320.59, 1,509 head at 75-85 lbs. for 301.90, 1,755 head at 85 lbs. and up for 283.28.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 525.28, Rack, roast-ready, frenched (cap-on) 1,424.06, Rack, roast-ready, frenched, special (cap-off) 1,881.81, Leg, trotter-off, partial boneless 488.86, Shoulder, square-cut 300.26, Ground lamb 578.78.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 984.08, AUS Shoulder (fresh, square-cut) 283.54, AUS Leg (fresh, semi boneless) 415.26, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 853.91, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 749.82, AUS Shoulder (frozen, square-cut) 206.73.

Exported Adult Sheep, 0 head

Wool, Price ($/pound) Clean, Delivered, * denotes new 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) 3.88*, 23 micron (Grade 62s) 3.51*, 24 micron (Grade 60-62s) 3.42*, 25 micron (Grade 58s) 3.18-3.32*, 26 micron (Grade 56-58s) 3.27*, 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) 18 micron (Grade 80s) 3.94-4.46, 19 micron (Grade 80s) 3.77-4.27, 20 micron (Grade 70s) 3.66-4.15, 21 micron (Grade 64-70s) 3.64-4.13, 22 micron (Grade 64s) 3.54-4.01, 23 micron (Grade 62s) 3.47-3.94, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.16-3.58, 26 micron (Grade 56-58s) 3.02-3.43, 28 micron (Grade 54s) 2.56-2.90, 30 micron (Grade 50s) 2.25-2.55, 32 micron (Grade 46-48s) 1.89-2.14, Merino Clippings 3.00-3.40.

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