Market Summary - Week Ending July 9, 2004

Feeder Prices - Medium and Large 1-2, Feeder-lambs mixed in holiday-shortened week. No prices reported.

Slaughter Prices - Negotiated, Live, wooled and shorn 100-115 $/cwt. for 125-150 lbs., dressed, load shorn 75- to 85-lb. carcass 210 $/cwt.

Slaughter Prices - Formula, 10,097 head (1) at 184.88-214 $/cwt. for 70.70 ave. lbs., 1,896 head at 181.34-213.90 $/cwt. for 79.50 ave. lbs.

Carcass Price - Choice and Prime, YG 1-4, 1,171 head at 55-60 lbs. for 197-215 $/cwt., 4,819 head at 60-85 lbs. for 193-203 $/cwt., 379 head at 85 lbs. and up for 194-202 $/cwt.

Boxed Lamb - weighted average prices ($/cwt.), Trimmed 4" Loins 470.52, Hotel rack (2) 518.88, Leg (trotter off) 218.53, Ground lamb 282.16.

Wool - Price (lb.) Clean, Delivered, Grade 70s (19.15-20.59 um) 2.30-2.65, 64s (20.60-22.04 um) 2.20-2.50, 62s (22.05-23.49 um) 2.00-2.30, 60s (23.50-24.94 um) 1.70-2.00, 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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