Market Summary, Week ending September 16, 2005
September 23, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 135-139 $/cwt., 60-70 lbs. for 130-138.50 $/cwt., 70-80 lbs. for 125-130 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-150 lbs. for 98-106.50 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 10,204 head(1) at 192.95-210.91 $/cwt. for 71.70 ave. lbs., 4,201 head at 191-212.55 $/cwt. for 79.80 ave. lbs.
Cutout Value/Net Carcass Value (2), $215.12/cwt. Carcass Price, Choice and Prime, YG 1-4, 4,319 head at 55-65 lbs. for 200-220 $/cwt., 10,060 head at 65-85 lbs. for 200-217 $/cwt., 1,098 head at 85 lbs. and up for 197-213 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 432.53, Hotel rack(3) 641.09, Leg (trotter off) 220.73, Ground lamb 295.96.
Wool, Price ($/lb.) Clean, Delivered, 22 micron (Grade 64?s) 1.95, 23 micron (Grade 62?s) 1.87. No prices reported for other microns.
(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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