Market Summary, Week ending Dec. 16, 2005

Feeder Prices, San Angelo, 70-80 lbs. for 120-130 $/cwt., 80-90 lbs. for 120-124 $/cwt.   
Slaughter Prices - Negotiated, Live, wooled and shorn 130-155 lbs. for 84.70-107.50 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 16,428 head (1) at 165.63-194.20 $/cwt. for 79 ave. lbs., 2,350 head at 156.19-183.84 $/cwt. for 87 ave. lbs.
Cutout Value/Net Carcass Value (2), 213.70 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 2,766 head at 55-65 lbs. for 173-214 $/cwt., 6,269 head at 65-75 lbs. for 173-210 $/cwt., 7,025 head at 75-85 lbs. for 170-210 $/cwt., 1,768 head at 85 lbs. and up for 167-181 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 390.99, Hotel rack (3) 621.42, Leg (trotter off) 248.20, Ground lamb 296.03.
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) 1.40-1.59, 22 micron (Grade 64?s) 1.24-1.40, 23 micron (Grade 62?s) 1.39, 24 micron (Grade 60-62?s) 1.15, 25 micron (Grade 58?s) no prices reported, 26 micron (Grade 56-58?s) 1.05, 27 micron (Grade 56?s) no 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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