Market Summary, Week Ending November 25, 2005
December 2, 2005
Feeder Prices, San Angelo, no sale; Midwest: 60-80 lbs. for 100-130 $/cwt., 80-100 lbs. for 95-116 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-140 lbs. for 88.75-107.50 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 2,343 head (1) at 178.91-200 $/cwt. for 70.6 ave. lbs., 12,921 head at 171.66-198.62 $/cwt. for 78.2 ave. lbs.
Cutout Value/Net Carcass Value (2), 216.78 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,845 head at 55-65 lbs. for 168-219 $/cwt., 10,208 head at 65-85 lbs. for 168-217 $/cwt., 949 lbs. at 85 lbs. and up for 168-190 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 424.08, Hotel rack (3) 629.87, Leg (trotter off) 239.80, Ground lamb 295.72.
Wool, Price ($/lb.) Clean, Delivered, 18 micron 2.16, 19 micron (Grade 80's) no prices reported, 20 micron (Grade 70's) 1.47, 21 micron (Grade 64-70's) 1.48-1.59, 22 micron (Grade 64's) 1.24-1.54, 23 micron (Grade 62's) 1.39. 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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