Market Summary - Week Ending May 28, 2004

Feeder Prices - Medium and Large, 1-2, San Angelo, new crop 40-60 lbs. 114-120 $/cwt., 60-70 lbs. 111.50-119 $/cwt., 70-80 lbs. 108-117.50 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 90-108.36 $/cwt. for 100-165 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 6,468 head (1) at 174.03-205.77 $/cwt. for 72.20 ave. lbs., 4,096 head at 166.85-202.56 $/cwt for 80.1 ave. lbs.

Carcass Price - Choice and Prime, YG 1-4, 390 head at 60-65 lbs. for 192-216 $/cwt., 2,742 head at 65-85 lbs. for 190-206 $/cwt., 2,688 head at 85 lbs. and up for 172-202 $/cwt.

Boxed Lamb - weighted average prices ($/cwt.), Trimmed 4" Loins 414.00, Hotel Rack (2) 484.89, Leg (trotter off) 242.47, Ground lamb 278.33.

Wool - Price ($/lb.) Clean, Delivered, Grade 70s (19.15-20.59 um) 2.30-2.50, 64s (20.60-22.04 um) 2.20-2.40, 62s (22.05-23.49 um) 2.00-2.30, 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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