ASI Weekly Summary

Market Summary, Week ending April 17, 2015

Feeder Prices ($/cwt.), San Angelo: new crop 55-70 lbs. for 210-214; 76 lbs. for 190; 80 lbs. for 192; 90-95 lbs. for 182; old crop 90-110 lbs. for 168-178.

Slaughter Prices - Negotiated
($/cwt.), wooled and shorn 137-169 lbs. for 123.67-150 (wtd avg 137.67); wooled and shorn 175-203 lbs. for 115-125 (wtd avg 116.61).

Slaughter Prices - Formula
1 , 2,488 head at 286.40-319.24 $/cwt. for 81.6 lbs.; 2,882 head at 239-297.16 $/cwt. for 90 lbs.

Equity Electronic Auction
, No sales.

Cutout Value/Net Carcass Value
2 , $335.32/cwt.

Carcass Price
, Choice and Prime, YG 1-4, $/cwt., weighted averages, 750 head at 55-65 lbs. for 348.85, 1,194 head at 65-75 lbs. for 322.70, 1,511 head at 75-85 lbs. for 306.71, 1,943 head at 85 lbs. and up for 292.06.

Boxed Lamb
, weighted average prices ($/cwt.), Trimmed 4" Loins 523.91, Rack, roast-ready, frenched (cap-on) 1,513.14, Rack, roast-ready, frenched, special (cap-off) 1,881.99, Leg, trotter-off, partial boneless 514.74, Shoulder, square-cut 292.04, Ground lamb 579.87.

Imported Boxed Lamb
, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 944, AUS Shoulder (fresh, square-cut) 247.68, AUS Leg (fresh, semi boneless) 358.40, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 925.58, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 799.78, AUS Shoulder (frozen, square-cut) 212.25.

Exported Adult Sheep
, 0 head

Wool

, Price ($/pound) Clean, Delivered, Territory States: 21 micron (Grade 64-70s) 3.20, 22 micron (Grade 64s) 3.11, 24 micron (Grade 60-62s) 2.75

Australian Wool
, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 3.63-4.11, 19 micron (Grade 80s) 3.43-3.89, 20 micron (Grade 70s) 3.32-3.76, 21 micron (Grade 64-70s) 3.27-3.71, 22 micron (Grade 64s) 3.17-3.59, 23 micron (Grade 62s) 3.10-3.51, 24 micron (Grade 60-62s) 2.96-3.36, 25 micron (Grade 58s) 2.76-3.13, 26 micron (Grade 56-58s) 2.61-2.96, 28 micron (Grade 54s) 2.35-2.66, 30 micron (Grade 50s) 2.22-2.52, 32 micron (Grade 46-48s) 1.95-2.21, Merino Clippings 2.69-3.05.

1 Prices 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.

2 The 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