Market Summary Week Ending August 20, 2004

Feeder Prices, Medium and Large 1-2, 40-60 lbs. for 121-136 $/cwt., 60-70 lbs. for 115-121 $/cwt., 70-80 lbs. for 112-118 $/cwt., 80-90 lbs. for 105-115 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 90.55-104.65 $/cwt. for 105-150 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 11,424 head (1) at 173.91-199.58 $/cwt. for 70.90 ave. lbs., 3,993 head at 174.74-198.65 $/cwt. for 80.10 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 7,927 head at 55-75 lbs. for 178-195 $/cwt., 2,721 head at 75-85 lbs. for 176-191 $/cwt., 785 head for 85 lbs. and up for 179-190 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 432.36, Hotel rack (2) 499.12, Leg (trotter off) 188.99, Ground lamb 281.90.

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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