ASI Market Report

Market Summary, Week ending April 19, 2019

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo, TX: No test; St. Onge-Newell, SD: $195-$213; Billings, MT: $175-$198.

Slaughter Prices – Live, negotiated, 134-195 lbs. $152.78 per cwt.

Slaughter Prices – Formula, 83.10 lbs. carcass weight $287.52 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 81.63 lbs. carcass weight $293.01 per cwt.

Equity Electronic Auction, 128 lbs. 163.25; 142 lbs. 160.75.

Cutout Value/Net Carcass Value (1), $329.93 per cwt.

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

Boxed Lamb, weighted average prices ($/cwt.), Trimmed Loins 4x4 517.50, Rack, roast-ready, frenched (cap-on) 1,648.43, Rack, roast-ready, frenched, special (cap-off) 2,062.05, Leg, trotter-off, partial boneless 483.13, Shoulder, square-cut 290.46, Ground lamb 579.58.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,171.43, AUS Shoulder (fresh, square-cut) 286.71, AUS Leg (fresh, semi boneless) 341.21, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,151.24, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,251.74, AUS Shoulder (frozen, square-cut) 261.67.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered FOB (from 19 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) 5.82-5.91, 23 micron (Grade 62s) 5.25, 24 micron (Grade 60-62s) 3.90, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.30, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) NA, 30 micron (Grade 50s) NA, 32 micron (Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 5.94-6.73, 19 micron (Grade 80s) 5.72-6.48, 20 micron (Grade 70s) 5.64-6.39, 21 micron (Grade 64-70s) 5.59-6.33, 22 micron (Grade 64s) 5.54-6.28, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 4.19-4.75, 26 micron (Grade 56-58s) 3.71-4.21, 28 micron (Grade 54s) 3.18-3.61, 30 micron (Grade 50s) 2.50-2.83, 32 micron (Grade 46-48s) 1.73-1.96, Merino Clippings 2.75-3.12.

(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.