Market Summary, Week ending August 5, 2005
August 12, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 130-140.50 $/cwt., 60-70 lbs. for 135-139.50 $/cwt., 70-80 lbs. for 124-135.50 $/cwt.
Slaughter Prices - Negotiated, Live, Pkg shorn 130 lbs. for 117 $/cwt. short haul, wooled and shorn 120-155 lbs. for 98.15-113.85 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 11,146 head(1) at 199.20-220.10 $/cwt. for 71.90 ave. lbs., 4,055 head at 206.31-221.18 $/cwt. for 78.30 ave. lbs.
Cutout value/Net carcass value (2), $221.27/cwt.
Carcass Price, Choice and Prime, YG 1-4, 2,431 head at 55-65 lbs. for 210-227 $/cwt., 9,925 head at 65-85 lbs. for 210-225 $/cwt., 1,919 head at 85 lbs. and up for 207-223 $/cwt.
Boxed Lamb, weighted-average prices ($/cwt.), Trimmed 4" Loins 478.72, Hotel rack(3) 632.55, Leg (trotter off) 223.93, Ground lamb 300.72.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80?s) 2.21, 20 micron (Grade 70?s) 1.90, 21 micron (Grade 64-70?s) 1.89, 22 micron (Grade 64?s) 1.86, 23 micron (Grade 62?s) 1.85, 24 micron (Grade 60-62?s) 1.26, 25 micron (Grade 58?s) 1.40, 26 micron (Grade 56-58?s) 1.46, 27 micron (Grade 56?s) no prices reported.
(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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