Market Summary - Week Ending July 23, 2004

Feeder Prices, Medium and Large 1-2, 40-60 lbs. for 117-126 $/cwt., 60-70 lbs. for 113-119 $/cwt., 70-80 lbs. for 107-116 $/cwt., 80-90 lbs. for 107-110 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 100-116.84 $/cwt. for 120-145 lbs., dressed, couple loads wooled and shorn 210 $/cwt. for 75-80 lbs.

Slaughter Prices - Formula, 11,527 head (1) at 185.51-216 $/cwt. for 70 ave. lbs., 1,875 head at 192.17-206 $/cwt. for 81.90 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 7,962 head at 55-75 lbs. for 191-202 $/cwt., 2,210 head at 75-85 lbs. for 191-201 $/cwt., 762 head at 85 lbs. and up for 188-192 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4-inch Loins 460.04, Hotel rack (2) 516.61, Leg (trotter off) 209.05, Ground lamb 280.53.

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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