Market Summary Week ending April 15, 2005
April 22, 2005
Feeder Prices, San Angelo, new crop 50-60 lbs. 143-154 $/cwt., 60-70 lbs. for 133-140.50 $/cwt., 70-80 lbs. for 135-140.50 $/cwt., 80-90 lbs. for 125-139 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-170 lbs. for 97-115 $/cwt., dressed, no trade reported.
Slaughter Prices - Formula, 4,698 head(1) at 200-215.81 $/cwt. for 71.50 ave. lbs., 12,333 head at 194-217.67 $/cwt. for 78.40 ave. lbs.
Cutout value/Net carcass value (2), $230.60/cwt.
Carcass Price, Choice and Prime, YG 1-4, 773 head at 60-65 lbs. for 208-228 $/cwt., 3,754 head at 65-75 lbs. for 206-221 $/cwt., 5,198 head at 75-85 lbs. for 206-222 $/cwt., 4,048 head at 85 lbs. and up for 201-215 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 369.38, Hotel rack(3) 643.77, Leg (trotter off) 297.75, Ground lamb 295.50.
Wool, Price ($/pound) Clean, Delivered, 19 micron (Grade 80's) 2.04-2.50, 20 micron (Grade 70's) 1.92-2.40, 21 micron (Grade 64-70's) 1.83-2.25, 22 micron (Grade 64's) 1.82, 23 micron (Grade 62's) 1.79, 24 micron (Grade 60-62's) 1.51, 25 micron (Grade 58's) 1.42, 26 micron (Grade 56-58's) 1.30, 27 micron (Grade 56's) 1.25.
(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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