Market Summary, Week ending April 1, 2005
April 8, 2005
Feeder Prices, San Angelo, new crop 50-55 lbs. for 144 $/cwt., 60-70 lbs. for 132-136 $/cwt., 70-80 lbs. for 132-145 $/cwt., 80-90 lbs. for 132-140 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 115-185 lbs. for 96-111.50 $/cwt., dressed, no trade reported.
Slaughter Prices - Formula, 13,045 head(1) at 204.96-216 $/cwt. for 71.20 ave. lbs., 10,840 head at 198.57-220.52 $/cwt. for 78.70 ave. lbs.
Cutout value/Net carcass value (2), $237.67/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,733 head at 60-65 lbs. for 210-221 $/cwt., 6,443 head at 65-75 lbs. for 209-218 $/cwt., 7,900 head at 75-85 lbs. for 209-222 $/cwt., 3,814 head at 85 lbs. and up for 204-215 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 373.25, Hotel rack(3) 632.18, Leg (trotter off) 326.39, Ground lamb 294.17.
Wool, Price ($/pound) Clean, Delivered, 19 micron (Grade 80's) 2.05-2.50, 20 micron (Grade 70's) 1.98-2.35, 21 micron (Grade 64-70's) 1.98-2.30, 22 micron (Grade 64's) 1.96, 23 micron (Grade 62's) 1.77, 24 micron (Grade 60-62's) 1.41, 25 micron (Grade 58's) 1.34, 26 micron (Grade 56-58's) 1.17, 27 micron (Grade 56's) 1.26.
(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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