Market Summary - Week Ending September 3, 2004

Feeder Prices, Medium and Large 1-2, 40-60 lbs. for 119.50-125 $/cwt., 60-70 lbs. for 115-119.50 $/cwt., 70-80 lbs. for 111-117.50 $/cwt., 80-90 lbs. for 108-115 $/cwt.

Slaughter Prices - Negotiated, Live, wooled and shorn 90-104.10 $/cwt. for 90-160 lbs., dressed, no sales reported.

Slaughter Prices - Formula, 12,914 head (1) at 167.80-196.23 $/cwt. for 72.40 ave. lbs., 3,838 head at 169.95-196.23 $/cwt. for 79.20 ave. lbs.

Carcass Price, Choice and Prime, YG 1-4, 7,024 head at 55-75 lbs. for 178-193 $/cwt., 2,577 head at 75-85 lbs. for 178-191 $/cwt., 1,047 head for 85 lbs. and up for 176-185 $/cwt.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 433.58, Hotel rack (2) 485.56, Leg (trotter off) 193.13, Ground lamb 287.24.

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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