Market Summary - Week Ending May 7, 2004

Feeder Prices, Medium and Large 1-2, San Angelo, new crop 40-60 lbs. 119-121 $/cwt., 60-70 lbs. 116-118 $/cwt., 70-80 lbs. 114-120.50 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 92-104.20 $/cwt. for 120-160 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 3,682 head (1) at 169.52-186.55 $/cwt. for 71.20 ave. lbs., 9,043 head at 167.39-187.20 $/cwt. for 79.3 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 3,812 head at 65-75 lbs. for 178-196 $/cwt., 4,618 head at 75-85 lbs. for 170-196 $/cwt., 2,888 head at 85 lbs. and up for 160-176 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 387.41, Hotel rack (2) 436.70, Leg (trotter off) 253.22, Ground lamb 278.43.

Wool, Price ($/lb.) Clean, Delivered, Grade 70s (19.15-20.59 um) 2.30-2.60, 64s (20.60-22.04 um) 2.30-2.50, 62s (22.05-23.49 um) 2.10-2.40, 60s (23.50-24.94 um) 1.90-2.20, 58s (24.95-26.39 um) 1.60-1.90.

(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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