ASI Market Report

Market Summary, Week ending Dec. 7, 2018

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo, TX: $141.00-$172.00 per cwt., St. Onge-Newell, SD: $160.02-$203.77; Billings, MT (Nov. 12): $156.17-$188.51.

Slaughter Prices – Live, negotiated, 130-172 lbs. $132.55 per cwt.

Slaughter Prices – Formula, 78.60 lbs. carcass weight $270.46 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 77.94 lbs. carcass weight $270.18 per cwt.

Equity Electronic Auction, 110 lbs. $123; 128 lbs. $127.75.

Cutout Value/Net Carcass Value (1), $341.62 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 554.77, Rack, roast-ready, frenched (cap-on) 1,606.37, Rack, roast-ready, frenched, special (cap-off) 2,195.30, Leg, trotter-off, partial boneless 520.28, Shoulder, square-cut 283.73, Ground lamb 568.24.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,217.08, AUS Shoulder (fresh, square-cut) 318.18, AUS Leg (fresh, semi boneless) 405.93, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,317.15, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,213.75, AUS Shoulder (frozen, square-cut) 262.32.

Exported Adult Sheep, 337 head

Wool, ($/pound clean), delivered FOB, From 17 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) 6.00, 22 micron (Grade 64s) 5.28, 23 micron (Grade 62s) 5.26, 24 micron (Grade 60-62s) 4.92, 25 micron (Grade 58s) 3.74, 26 micron (Grade 56-58s) NA, 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) 5.89-6.68, 19 micron (Grade 80s) 5.54-6.28, 20 micron (Grade 70s) 5.40-6.12, 21 micron (Grade 64-70s) 5.35-6.06, 22 micron (Grade 64s) 5.37-6.09, 23 micron (Grade 62s) NA, 24 micron(Grade 60-62s) NA, 25 micron (Grade 58s) 3.63-4.12, 26 micron (Grade 56-58s) 3.12-3.54, 28 micron (Grade 54s) 2.21-2.50, 30 micron (Grade 50s) 1.82-2.06, 32 micron (Grade 46-48s) 1.22-1.38, Merino Clippings 3.01-3.41.

(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.