Market Summary, Week ending August 26, 2005

Feeder Prices, San Angelo, 40-60 lbs. for 131-139 $/cwt., 60-70 lbs. for 130-142 $/cwt., 70-80 lbs. for 127-138.25 $/cwt. 
Slaughter Prices - Negotiated, Live, wooled and shorn 120-155 lbs. for 96-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 13,116 head(1) at 192-216 $/cwt. for 71.20 ave. lbs., 3,086 head at 198.98-219.17 $/cwt. for 78.50 ave. lbs.
Cutout Value/Net Carcass Value(2), $212.43/cwt.
Carcass Price, Choice and Prime, YG 1-4, 4,918 head at 55-65 lbs. for 206-224 $/cwt., 9,909 head at 65-85 lbs. for 206-223 $/cwt., 1,109 head at 85 lbs. and up for 203-223 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 429.66, Hotel rack(3) 660.51, Leg (trotter off) 212.50, Ground lamb 296.11.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80's) 2.12, 20 micron (Grade 70's) 2.20, 21 micron (Grade 64-70's) 2.10, no prices reported for 22 micron (Grade 64's), 23 micron (Grade 62's), 24 micron (Grade 60-62's), 25 micron (Grade 58's), 26 micron (Grade 56-58's) or 27 micron (Grade 56's).
(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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