Market Summary, Week Ending November 11, 2005
November 18, 2005
Feeder Prices, San Angelo, 50-60 lbs. for 130-134 $/cwt., 60-70 lbs. for 126-135 $/cwt., 70-80 lbs. for 126-130 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-150 lbs. for 94-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 5,566 head (1) at 174-200.07 $/cwt. for 71.70 ave. lbs., 17,782 head at 182.41-200.68 $/cwt. for 77.30 ave. lbs.
Cutout Value/Net Carcass Value (2), 212.22 $/cwt. Carcass Price, Choice and Prime, YG 1-4, 1,415 head at 60-65 lbs. for 170-216 $/cwt., 6,199 head at 65-75 lbs. for 170-212 $/cwt., 5,846 head at 75-85 lbs. for 170-207 $/cwt., 1,371 lbs. at 85 lbs. and up for 184-194.50 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 443.80, Hotel rack (3) 627.64, Leg (trotter off) 220.46, Ground lamb 297.96.
Wool, Price ($/lb.) Clean, Delivered, 21 micron (Grade 64-70?s) 1.36, 22 micron (Grade 64?s) 1.82, 23 micron (Grade 62?s) 1.72, 25 micron (Grade 58?s) 1.40. 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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