Market Summary, Week ending April 22, 2005
April 29, 2005
Market Summary, Week ending April 22, 2005
Feeder Prices, San Angelo, 50-60 lbs. 142.50-145 $/cwt., 60-70 lbs. for 138-143.50 $/cwt., 70-80 lbs. for 135-146.50 $/cwt., 80-90 lbs. for 130.50-138.50 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-180 lbs. for 96-115 $/cwt., dressed, no trade reported.
Slaughter Prices - Formula, 5,918 head(1) at 194.08-215.81 $/cwt. for 71.40 ave. lbs., 12,720 head at 189.12-217.67 $/cwt. for 80.30 ave. lbs.
Cutout value/Net carcass value (2), $221.63/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,591 head at 55-65 lbs. for 208-228 $/cwt., 4,775 head at 65-75 lbs. for 208-224 $/cwt., 7,742 head at 75-85 lbs. for 206-223 $/cwt., 5,796 head at 85 lbs. and up for 201-215 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 367.77, Hotel rack(3) 629.08, Leg (trotter off) 270, Ground lamb 298.15.
Wool, Price ($/pound) Clean, Delivered, 19 micron (Grade 80's) 2.20-2.50, 20 micron (Grade 70's) 2.09-2.40, 21 micron (Grade 64-70's) 2.06-2.40, 22 micron (Grade 64's) 1.90, 23 micron (Grade 62's) 1.73, 24 micron (Grade 60-62's) 1.35, 25 micron (Grade 58's) 1.22, 26 micron (Grade 56-58's) 1.15, 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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