Market Summary, Week ending August 19, 2005
August 26, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 130-138 $/cwt., 60-70 lbs. for 130-134 $/cwt., 70-90 lbs. for 120-122 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-150 lbs. for 96.50-112 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 11,525 head(1) at 197.69-215.40 $/cwt. for 70.40 ave. lbs., 3,612 head at 205-219.17 $/cwt. for 79.80 ave. lbs.
Cutout Value/Net Carcass Value (2), $217.15/cwt.
Carcass Price, Choice and Prime, YG 1-4, 3,762 head at 55-65 lbs. for 206-234 $/cwt., 11,847 head at 65-85 lbs. for 206-231 $/cwt., 2,044 head at 85 lbs. and up for 203-223 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 451.26, Hotel rack(3) 636.79, Leg (trotter off) 220.67, Ground lamb 295.14.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80's) 2.21-2.30, 20 micron (Grade 70's) 1.90-2.20, 21 micron (Grade 64-70's) 1.89-2.10, 22 micron (Grade 64's) 1.86, 23 micron (Grade 62's) 1.85, 24 micron (Grade 60-62's) 1.26, 25 micron (Grade 58's) 1.40, 26 micron (Grade 56-58's) 1.46, 27 micron (Grade 56's) no prices reported.
(1) Prices reported for the two weight categories of the largest volume traded.
(2) The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.
(3) Average of light, medium and heavy 8-Rib Rack.
(Source: USDA/Agricultural Marketing Service)
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