Market Summary - Week Ending April 16, 2004

Feeder Prices, Medium and Large 1-2, San Angelo, new crop 50-70 lbs. 124-126 $/cwt., 70-80 lbs. 115-125 $/cwt., 80-100 lbs. 115-120 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 89-99.75 $/cwt. for 125-170 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 7,001 head (1) at 173.75-210 $/cwt. for 70.90 ave. lbs., 17,066 head at 171.08-208 $/cwt. for 78.90 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 3,794 head at 60-75 lbs. for 178-196 $/cwt., 3,590 head at 75-85 lbs. for 171-196 $/cwt., 1,939 head at 85 lbs. and up for 169-181 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 388.10, Hotel rack (2) 430.58, Leg (trotter off) 275.94, Ground lamb 276.37.

Wool, Price ($/pound) Clean, Delivered, Grade 70s (19.15-20.59 um) 2.40-2.65, 64s (20.60-22.04 um) 2.30-2.50, 62s (22.05-23.49 um) 2.20-2.40, 60s (23.50-24.94 um) 1.95-2.20, 58s (24.95-26.39 um) 1.80-2.00.

(1) Prices reported for the two weight categories of the largest volume traded.

(2) Average of light, medium and heavy 8-Rib Rack.

(Source: USDA/Agricultural Marketing Service)

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