Market Summary, Week ending October 14, 2005
October 21, 2005
Feeder Prices, San Angelo, 60-70 lbs. for 126-132 $/cwt., 70-90 lbs. for 120-126 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-145 lbs. for 94-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 5,511 head(1) at 180.33-200 $/cwt. for 71.50 ave. lbs., 16,042 head at 184-207.71 $/cwt. for 77.90 ave. lbs.
Cutout Value/Net Carcass Value (2), No prices issued.
Carcass Price, Choice and Prime, YG 1-4, 1,640 head at 55-60 lbs. for 198-230 $/cwt., 1,823 head at 60-65 lbs. for 194-214 $/cwt., 5,613 head at 65-75 lbs. for 194-209.50 $/cwt., 3,470 head at 75-85 lbs. for 194-209 $/cwt., 736 head at 85 lbs. and up for 194.50-204 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.) -- No prices issued.
Wool, Price ($/lb.) Clean, Delivered, 22 micron (Grade 64's) 1.80, 23 micron (Grade 62's) 1.72. 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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