ASI Weekly Summary

Market Summary, Week ending May 22, 2015

Feeder Prices ($/cwt.), San Angelo: new crop 40-60 lbs. for 200-210, 60-70 lbs. for 184-190, 70-90 lbs. for 170-187; old crop 70-80 lbs. for 160-162, 98 lbs. for 152, 110-120 lbs. for 125-142.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 129-166 lbs. for 127-164 (wtd avg 150.05); wooled and shorn few loads 180-199 lbs. for 125-131 (wtd avg 128.05).

Slaughter Prices - Formula1, 3,643 head at 253.37-321.98 $/cwt. for 80.20 lbs.; 2,856 head at 244.48-282.54 $/cwt. for 99.30 lbs.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $322.53/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 847 head at 55-65 lbs. for 342.22, 1,321 head at 65-75 lbs. for 322.38, 1,724 head at 75-85 lbs. for 302.25, 2,303 head at 85 lbs. and up for 284.35.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 513.11, Rack, roast-ready, frenched (cap-on) 1,425.78, Rack, roast-ready, frenched, special (cap-off) 1,888.38, Leg, trotter-off, partial boneless 494.36, Shoulder, square-cut 290.48, Ground lamb 566.53.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 951.91, AUS Shoulder (fresh, square-cut) 258.89, AUS Leg (fresh, semi boneless) 414.09, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 866.54, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 792.24, AUS Shoulder (frozen, square-cut) 197.82.

Exported Adult Sheep, 336 head

Wool, Price ($/pound) Clean, Delivered (* denotes new prices), 18 micron (Grade 80s) NA, 19 micron (Grade 80s) 4.25*, 20 micron (Grade 70s) 3.86, 21 micron (Grade 64-70s) 4.00*, 22 micron (Grade 64s) 3.75*, 23 micron (Grade 62s) 3.66*, 24 micron (Grade 60-62s) 3.48, 25 micron (Grade 58s) 3.17, 26 micron (Grade 56-58s) 3.06*, 27 micron (Grade 56s) 2.72, 28 micron (Grade 54s) 2.50, 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) 3.99-4.52, 19 micron (Grade 80s) 3.84-4.35, 20 micron (Grade 70s) 3.69-4.18, 21 micron (Grade 64-70s) 3.63-4.11, 22 micron (Grade 64s) 3.50-3.97, 23 micron (Grade 62s) 3.41-3.87, 24 micron (Grade 60-62s) 3.18-3.61, 25 micron (Grade 58s) 3.06-3.47, 26 micron (Grade 56-58s) 2.87-3.25, 28 micron (Grade 54s) 2.51-2.85, 30 micron (Grade 50s) 2.34-2.65, 32 micron (Grade 46-48s) 2.03-2.30, Merino Clippings 3.01-3.41.

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