Market Summary, Week ending April 14, 2006
April 21, 2006
Feeder Prices, San Angelo, new crop 40-60 lbs. for 111-115 $/cwt., 60-70 lbs. for 100-113 $/cwt., 70-90 lbs. for 100-108 $/cwt.Slaughter Prices - Negotiated, Live, wooled and shorn 105-160 lbs. for 69.70-100 $/cwt., dressed, no sales reported
Slaughter Prices - Formula, 3,228 head(1) at 131.59-205.88 $/cwt. for 71.20 ave. lbs., 15,320 head at 120.07-195.68 $/cwt. for 78.10 ave. lbs.
Cutout Value/Net Carcass Value(2), 190.52 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,205 head at 55-65 lbs. for $183.49/cwt., 2,394 head at 65-75 lbs. for $169.93/cwt., 2,510 head at 75-85 lbs. for $164.19/cwt., 1,583 head at 85 lbs. and up for $137.75/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 323.78, Hotel rack(3) 556.43, Leg (trotter off) 239.69, Ground lamb 302.43.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80?s) no prices reported, 19 micron (Grade 80?s) 2.08-2.09, 20 micron (Grade 70?s) 1.85-1.87, 21 micron (Grade 64-70?s) 1.78-1.95, 22 micron (Grade 64?s) 1.70, 23 micron (Grade 62?s) 1.82, 24 micron (Grade 60-62?s) 1.45, 25 micron (Grade 58?s) 1.25, 26 micron (Grade 56-58?s) 1.04, 27 micron (Grade 56?s) 1.05.
(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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