ASI Market Report

Market Summary, Week ending November 13, 2017

Feeder Prices ($/cwt.), Ft. Collins, 79 lbs. $160; 103 lbs. $132.50.

Slaughter Prices – Negotiated, Wooled and shorn, 116-168 lbs. $135.19 per cwt.

Slaughter Prices – Formula, 75.20 lbs. carcass weight $287.86 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 76.15 lbs. carcass weight $277.59 per cwt.

Equity Electronic Auction, Shorn 150 lbs. $133.75.

Cutout Value/Net Carcass Value (1), $343.04 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins $570.81, Rack, roast-ready, frenched (cap-on) $1,602.39, Rack, roast-ready, frenched, special (cap-off) $2,191.10, Leg, trotter-off, partial boneless $462.55, Shoulder, square-cut $296.03, Ground lamb $570.46.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) $919.06, AUS Shoulder (fresh, square-cut) $320.74, AUS Leg (fresh, semi boneless) $437.08, AUS Rack (frozen, frenched, cap-off, 28 oz/up) $951.24, NZ Rack (frozen, frenched, cap-off, 20 oz/up) $1,004.06, AUS Shoulder (frozen, square-cut) $255.57.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered, From 12 weeks ago: Territory States (West & some CA wools): 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) 4.56, 21 micron (Grade 64-70s) 4.55, 22 micron (Grade 64s) 4.26, 23 micron (Grade 62s) 4.18, 24 micron (Grade 60-62s) 3.60, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.95, 27 micron (Grade 56s) NA, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) NA.

Australian Wool, ($/pound clean), delivered FOB warehouse & gross producers, 18 micron (Grade 80s) 6.13-6.95, 19 micron (Grade 80s) 5.36-6.08, 20 micron (Grade 70s) 4.72-5.35, 21 micron (Grade 64-70s) 4.40-4.99, 22 micron (Grade 64s) 4.20-4.76, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.34-3.78, 26 micron (Grade 56-58s) 2.98-3.38, 28 micron (Grade 54s) 2.26-2.56, 30 micron (Grade 50s) 1.72-1.95, 32 micron (Grade 46-48s) 1.37-1.55, Merino Clippings 3.68-4.17.

(1) 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.