ASI Market Report

Market Summary, Week ending September 15, 2017

Feeder Prices ($/cwt.), San Angelo, 50-60 lbs. $182-$188; 70-100 lbs. $150-$166.

Slaughter Prices – Negotiated, Wooled and shorn, 108-173 lbs. $158.90 per cwt.

Slaughter Prices – Formula, 74.70 lbs. carcass weight $319.11 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 74.24 lbs. carcass weight $317.02 per cwt.

Equity Electronic Auction, Wooled 120 lbs. $130.

Cutout Value/Net Carcass Value (1), $362.49 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 $588.84, Rack, roast-ready, frenched (cap-on) $1,620.55, Rack, roast-ready, frenched, special (cap-off) $2,288.51, Leg, trotter-off, partial boneless $540.15, Shoulder, square-cut $330.83, Ground lamb $580.81.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) $1,003.32, AUS Shoulder (fresh, square-cut) $299.95, AUS Leg (fresh, semi boneless) $431.40, AUS Rack (frozen, frenched, cap-off, 28 oz/up) $880.29, NZ Rack (frozen, frenched, cap-off, 20 oz/up) $941.97, AUS Shoulder (frozen, square-cut) $252.09.

Exported Adult Sheep, 331 head

Wool, ($/pound clean), delivered, From 4 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) 5.76-6.53, 19 micron (Grade 80s) 4.97-5.64, 20 micron (Grade 70s) 4.47-5.07, 21 micron (Grade 64-70s) 4.33-4.91, 22 micron (Grade 64s) 4.11-4.66, 23 micron (Grade 62s) 4.04-4.57, 24 micron (Grade 60-62s) 3.67-4.16, 25 micron (Grade 58s) 3.39-3.84, 26 micron (Grade 56-58s) 3.15-3.57, 28 micron (Grade 54s) 2.36-2.67, 30 micron (Grade 50s) 1.73-1.97, 32 micron (Grade 46-48s) 1.20-1.37, Merino Clippings 3.08-3.50.

(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.