Market Summary, Week ending May 27, 2005
June 3, 2005
Feeder Prices, San Angelo, 40-60 lbs. 132.50-140 $/cwt., 60-70 lbs. for 130-137 $/cwt., 70-80 lbs. for 125-136.50 $/cwt., 80-90 lbs. for 125-134.50 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 100-185 lbs. for 103-120.76 $/cwt., dressed, no trade reported. Slaughter Prices - Formula, 3,580 head(1) at 197.62-231.10 $/cwt. for 70.50 ave. lbs., 10,562 head at 192.59-217.83 $/cwt. for 79.40 ave. lbs. Cutout Value/Net Carcass Value (2), $219.73/cwt. Carcass Price, Choice and Prime, YG 1-4, 1,953 head at 55-65 lbs. for 210-229 $/cwt., 5,138 head at 65-75 lbs. for 209-228 $/cwt., 5,971 head at 75-85 lbs. for 208-226 $/cwt., 3,977 head at 85 lbs. and up for 200-214 $/cwt. Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 387.99, Hotel rack(3) 633.21, Leg (trotter off) 260.80, Ground lamb 298.64. Wool, Price ($/pound) Clean, Delivered, 19 micron (Grade 80?s) 2.40, 20 micron (Grade 70?s) 1.93-2.40, 21 micron (Grade 64-70?s) 1.94-1.99, 22 micron (Grade 64?s) 1.85-1.86, 23 micron (Grade 62?s) 1.73-1.91, 24 micron (Grade 60-62?s) 1.40-1.55, 25 micron (Grade 58?s) 1.23-1.49, 26 micron (Grade 56-58?s) 1.03-1.54, 27 micron (Grade 56?s) 0.94. (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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