Market Summary, Week ending September 23, 2005
September 30, 2005
Feeder Prices, San Angelo, 40-60 lbs. for 130-135 $/cwt., 60-70 lbs. for 129-132 $/cwt., 70-80 lbs. for 120-130 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-150 lbs. for 98.50-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 12,660 head(1) at 190.48-211.77 $/cwt. for 71.90 ave. lbs., 9,881 head at 189.33-212.55 $/cwt. for 78.60 ave. lbs.
Cutout Value/Net Carcass Value (2), $212.85/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,707 head at 55-60 lbs. for 198-225 $/cwt., 1,958 head at 60-65 lbs. for 198-219 $/cwt., 5,013 head at 65-75 lbs. for 198-214 $/cwt., 4,259 head at 75-85 lbs. for 198-216 $/cwt., 1,089 head at 85 lbs. and up for 192-211 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 440.60, Hotel rack(3) 635.88, Leg (trotter off) 219.40, Ground lamb 293.77.
Wool, Price ($/lb.) Clean, Delivered, 22 micron (Grade 64?s) 1.95, 23 micron (Grade 62?s) 1.87, 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)
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