Market Summary - Week Ending August 27, 2004

Feeder Prices, Medium and Large 1-2, 40-60 lbs. for 131-147 $/cwt., 60-70 lbs. for 120-135 $/cwt., 70-80 lbs. for 112-119 $/cwt., 80-90 lbs. for 106.50-113 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 91-104.10 $/cwt. for 105-150 lbs., dressed, couple loads wooled 60- to 65-lb. carcasses for 190 $/cwt.

Slaughter Prices - Formula, 12,957 head (1) at 171.76-200 $/cwt. for 71.10 ave. lbs., 4,270 head at 168.63-196.23 $/cwt. for 80.30 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 2,334 head at 55-60 lbs. for 174-195 $/cwt., 2,653 head at 60-65 lbs. for 173-195 $/cwt., 6,194 head for 65-75 lbs. for 174-195 $/cwt., 3,515 head at 75-85 lbs. for 175-191 $/cwt., 1,176 head at 85 lbs. and up for 178-190 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 406.68, Hotel rack (2) 486.05, Leg (trotter off) 186.04, Ground lamb 283.36.

Wool, Price ($/pound) Clean, Delivered, Grade 70s (19.15-20.59 um) 2.40-2.75, 64s (20.60-22.04 um) 2.30-2.50, 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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