Market Summary - Week Ending May 14, 2004

Feeder Prices, Medium and Large 1-2, San Angelo, new crop 40-60 lbs. 118-123 $/cwt., 60-70 lbs. 114-116.50 $/cwt., 70-90 lbs. 108-116.00 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 88-107 $/cwt. for 125-175 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 4,256 head (1) at 166.15-204 $/cwt. for 71 ave. lbs., 8,078 head at 142.96-204 $/cwt. for 79.80 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 724 head at 55-60 lbs. for 184-201 $/cwt., 3,229 head at 60-75 lbs. for 180-201 $/cwt., 2,579 head at 75-85 lbs. for 170-201 $/cwt., 1,951 head at 85 lbs. and up for 160-189 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 387.27, Hotel rack (2) 439.33, Leg (trotter off) 241.70, Ground lamb 280.67.

Wool, Price ($/pound) 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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