Market Summary, Week ending May 20, 2005
May 27, 2005
Feeder Prices, San Angelo, 40-60 lbs. 136-145 $/cwt., 60-70 lbs. for 134-140 $/cwt., 70-80 lbs. for 132.50-140.50 $/cwt., 80-90 lbs. for 130-141 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-175 lbs. for 98-111 $/cwt., dressed, no trade reported.
Slaughter Prices - Formula, 8,914 head (1) at 191.19-212.62 $/cwt. for 79.20 ave. lbs., 5,762 head at 189.96-210.74 $/cwt. for 91.40 ave. lbs.
Cutout Value/Net Carcass Value (2), $221.41/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,114 head at 55-65 lbs. for 206-228 $/cwt., 2,793 head at 65-75 lbs. for 206-221 $/cwt., 4,478 head at 75-85 lbs. for 206-222 $/cwt., 4,646 head at 85 lbs. and up for 200-217 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 383.32, Hotel rack (3) 651.35, Leg (trotter off) 263.49, Ground lamb 295.02.
Wool, Price ($/pound) Clean, Delivered, 19 micron (Grade 80?s) 2.20-2.35, 20 micron (Grade 70?s) 1.93-1.98, 21 micron (Grade 64-70?s) 1.88-1,89, 22 micron (Grade 64?s) 1.73-2.06, 23 micron (Grade 62?s) 1.53-1.91, 24 micron (Grade 60-62?s) 1.33-1.55, 25 micron (Grade 58?s) 1.13-1.49, 26 micron (Grade 56-58?s) 0.93-1.54, 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)
<< Back