ASI Weekly Summary

Market Summary, Week ending September 26, 2014

Feeder Prices, San Angelo: 60-70 lbs. for 210-218 $/cwt.; 70-90 lbs. for 200-218 $/cwt.; 90-100 lbs. for 200-206 $/cwt.

Slaughter Prices - Negotiated, wooled and shorn, 84-162 lbs. for 150-171.25 $/cwt. (wtd. ave. 159.86)

Slaughter Prices - Formula (1), 1,267 head at 294.06-323.29 $/cwt. for 61.6 ave. lbs.; 4,088 head at 294.77-330 $/cwt. for 70.8 ave. lbs.

Equity Electronic Auction, wooled 140 lbs. for $168.75/cwt.

Cutout Value/Net Carcass Value (2), $339.45/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 1,471 head at 55-65 lbs. for 341.31, 2,381 head at 65-75 lbs. for 331.34, 1,682 head at 75-85 lbs. for 322.61, 594 head at 85 lbs. and up for 308.96.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 524.79, Rack, roast-ready, frenched (cap-on) 1,523.89, Rack, roast-ready, frenched special (cap-off) 1,987.64, Leg, trotter-off, partial boneless 473.82, Shoulder, square-cut 312.33, Ground lamb 542.57.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,163.70, AUS Shoulder (fresh, square-cut) 287.65, AUS Leg (fresh, semi boneless) 436.07, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,080.29, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 815.06, AUS Shoulder (frozen, square-cut) 257.15.

Exported Adult Sheep, 659 head

Wool, Price ($/pound) Clean, Delivered, From 15 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) 4.21, 23 micron (Grade 62s) 4.11, 24 micron (Grade 60-62s) 3.53, 25 micron (Grade 58s) 3.31, 26 micron (Grade 56-58s) 2.65-2.91, 27 micron (Grade 56s) 2.43, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.48.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 3.76-4.26, 19 micron (Grade 80s) 3.61-4.09, 20 micron (Grade 70s) 3.49-3.96, 21 micron (Grade 64-70s) 3.48-3.94, 22 micron (Grade 64s) 3.43-3.88, 23 micron (Grade 62s) 3.41-3.86, 24 micron (Grade 60-62s) 3.26-3.69, 25 micron (Grade 58s) 2.86-3.24, 26 micron (Grade 56-58s) 2.51-2.84, 28 micron (Grade 54s) 2.12-2.40, 30 micron (Grade 50s) 2.07-2.34, 32 micron (Grade 46-48s) 1.92-2.18, Merino Clippings 2.43-2.76.

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