Market Summary, Week ending January 13, 2006

Feeder Prices, San Angelo, 50-60 lbs. for 120-124 $/cwt., 60-70 lbs. for 115-118 $/cwt., 70-80 lbs. for 105.50-111 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-160 lbs. for 76.86-107.45 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 3,306 head(1) at 159.85-184 $/cwt. for 71.40 ave. lbs., 11,101 head at 142.77-186.80 $/cwt. for 79.70 ave. lbs.
Cutout Value/Net Carcass Value(2), 203.39 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 952 head at 60-65 lbs. for 190-209 $/cwt., 4,397 head at 65-75 lbs. for 125-205 $/cwt., 5,006 head at 75-85 lbs. for 116-205 $/cwt., 2,812 head at 85 lbs. and up for 116-170 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 371.46, Hotel rack(3) 664.77, Leg (trotter off) 225.03, Ground lamb 299.66.
Wool, Price ($/lb.) Clean, Delivered, 23 micron (Grade 62?s) 1.60, 26 micron (Grade 56-58?s) 1.05-1.30. 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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