Market Summary, Week ending September 9, 2005

Feeder Prices, San Angelo, 40-60 lbs. for 135-146 $/cwt., 60-70 lbs. for 131-138 $/cwt., 70-80 lbs. for 122-132 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-160 lbs. for 100-108 $/cwt.; dressed, no sales reported.
Slaughter Prices - Formula, 16,054 head(1) at 191.15-215.69 $/cwt. for 70.70 ave. lbs., 2,552 head at 199.59-215.74 $/cwt. for 77.7 ave. lbs.
Cutout Value/Net Carcass Value (2), $215.18/cwt.
Carcass Price, Choice and Prime, YG 1-4, 3,640 head at 45-65 lbs. for 204-227 $/cwt., 4,910 head at 65-75 lbs. for 204-225 $/cwt., 3,646 head at 75-85 lbs. for 204-226 $/cwt., 1,360 head at 85 lbs. and up for 201-214 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 437.16, Hotel rack(3) 634.22, Leg (trotter off) 217.78, Ground lamb 285.03.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80's) 2.12, no other 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)