Market Summary, Week Ending August 12, 2005
August 19, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 130-139 $/cwt., 60-70 lbs. for 131-135 $/cwt., 70-80 lbs. for 125-130 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-150 lbs. for 98-112 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 11,968 head(1) at 199.99-220 $/cwt. for 70.30 ave. lbs., 5,995 head at 194.65-221.18 $/cwt. for 79.10 ave. lbs.
Cutout value/Net carcass value (2), $219.84/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,960 head at 60-65 lbs. for 207-227 $/cwt., 9,827 head at 65-85 lbs. for 207-223 $/cwt., 1,822 head at 85 lbs. and up for 204-223 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 464.17, Hotel rack(3) 642.89, Leg (trotter off) 220.46, Ground lamb 296.91.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80?s) 2.21-2.30, 20 micron (Grade 70?s) 1.90-2.20, 21 micron (Grade 64-70?s) 1.89-2.10, 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) no prices reported, 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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