Market Summary, Week ending April 29, 2005
May 6, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 140-143 $/cwt., 60-70 lbs. for 135-144 $/cwt., 70-80 lbs. for 134-140 $/cwt., 80-90 lbs. for 129.50-141.50 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-180 lbs. for 100-115 $/cwt., dressed, no trade reported.
Slaughter Prices - Formula, 3,625 head(1) at 199.96-213.08 $/cwt. for 71.90 ave. lbs., 11,339 head at 196.06-215.34 $/cwt. for 79 ave. lbs.
Cutout Value/Net Carcass Value (2), $227.59/cwt.
Carcass Price, Choice and Prime, YG 1-4, 413 head at 55-65 lbs for 208-221 $/cwt., 469 head at 60-65 lbs. for 208-228 $/cwt., 2,693 head at 65-75 lbs. for 208-221 $/cwt., 4,305 head at 75-85 lbs. for 208-222 $/cwt., 4,390 head at 85 lbs. and up for 200.78-208 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 373.34, Hotel rack(3) 631.19, Leg (trotter off) 283.30, Ground lamb 300.01.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80?s) 2.20-2.50, 20 micron (Grade 70?s) 2.09-2.30, 21 micron (Grade 64-70?s) 1.98-2.40, 22 micron (Grade 64?s) 1.73, 23 micron (Grade 62?s) 1.53, 24 micron (Grade 60-62?s) 1.33, 25 micron (Grade 58?s) 1.13, 26 micron (Grade 56-58?s) 0.93, 27 micron (Grade 56?s) 0.73.
(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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