American Sheep Industry Photo

Market Summary, Week ending December 23, 2005

December 30, 2005
Feeder Prices, San Angelo, 90-105 lbs. for 114-115 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-155 lbs. for 85-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 4,688 head (1) at 171.99-199.74 $/cwt. for 72.40 ave. lbs., 11,748 head at 154.45-192.94 $/cwt. for 79.2 ave. lbs.
Cutout value/Net carcass value (2), 215.19 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,171 head at 60-65 lbs. for 178-212 $/cwt., 9,763 head at 65-85 lbs. for 157-210 $/cwt., 1,545 lbs. at 85 lbs. and up for 157-182 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 402.72, Hotel rack (3) 636.84, Leg (trotter off) 246.44, Ground lamb 299.60.
Wool, Price ($/lb.) Clean, Delivered, 21 micron (Grade 64-70?s) 1.40, 22 micron (Grade 64?s) 1.40, 23 micron (Grade 62?s) 1.39, 24 micron (Grade 60-62?s) 1.15, 26 micron (Grade 56-58?s) 1.05. 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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