ASI Market Report

Market Summary, Week ending February 17, 2017

Feeder Prices ($/cwt.), Ft. Collins: 87 lbs. 189; 109 lbs. 180.

Slaughter Prices - Negotiated ($/cwt.), Wooled and shorn 128-175 lbs. for 123.75-164.00 (wtd avg 141.13).

Slaughter Prices - Formula1, Not reported due to confidentiality.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $293.81/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 310 head at 55-65 lbs. not reported; 1,070 head at 65-75 lbs. 286.33; 959 head at 75-85 lbs. 273.69; 1,038 head at 85 lbs. and up, not reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 524.90, Rack, roast-ready, frenched (cap-on) 1,341.24, Rack, roast-ready, frenched, special (cap-off) 1,742.95, Leg, trotter-off, partial boneless 481.25, Shoulder, square-cut 280.18, Ground lamb 497.40.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 821.82, AUS Shoulder (fresh, square-cut) 233.76, AUS Leg (fresh, semi boneless) 408.98, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 720.40, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 813.19, AUS Shoulder (frozen, square-cut) 216.63.

Exported Adult Sheep, 0 head

Wool, Price ($/pound) Clean, Delivered, From 12 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) 3.47, 23 micron (Grade 62s) 3.01-3.32, 24 micron (Grade 60-62s) 2.66, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 micron (Grade 56s) 1.71-1.97, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.63.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound), 18 micron (Grade 80s) 5.33-6.04, 19 micron (Grade 80s) 4.78-5.42, 20 micron (Grade 70s) 4.16-4.72, 21 micron (Grade 64-70s) 3.89-4.41, 22 micron (Grade 64s) 3.72-4.22, 23 micron (Grade 62s) 3.66-4.15, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.85-3.23, 26 micron (Grade 56-58s) 2.53-2.87, 28 micron (Grade 54s) 1.91-2.17, 30 micron (Grade 50s) 1.53-1.73, 32 micron (Grade 46-48s) 1.19-1.34, Merino Clippings 3.19-3.62.

1Heavier carcasses typically receive lower prices per lb. 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 AMS