Market Summary - Week Ending August 13, 2004

Feeder Prices, Medium and Large 1-2, 30-40 lbs. for 137.50-157.50 $/cwt., 40-60 lbs. for 135-155 $/cwt., 60-70 lbs. for 117-128 $/cwt., 70-80 lbs. for 112-118 $/cwt., 80-90 lbs. for 105-110 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 90.75-102.40 $/cwt. for 105-140 lbs., dressed, load shorn average 210 $/cwt. for 70-pound carcasses.

Slaughter Prices - Formula, 3,833 head (1) at 176.41-208 $/cwt. for 62 ave. lbs., 12,229 head at 178.19-208.16 $/cwt. for 70.10 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 10,385 head at 55-85 lbs. for 179-201 $/cwt., 341 head at 85 lbs. and up for 176-187 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 424.06, Hotel rack (2) 498.78, Leg (trotter off) 194.43, Ground lamb 281.48.

Wool, Price ($/pound) 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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