Market Summary, Week ending February 3, 2006
February 10, 2006
Feeder Prices, San Angelo, 60-70 lbs. for 114-119 $/cwt., 70-80 lbs. for 107-110 $/cwt., 88 lbs. for $95/cwt., 90-105 lbs. for 90-96 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 145-150 lbs. for 77.69-102 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 4,249 head(1) at 144.17-168.27 $/cwt. for 72.50 ave. lbs., 12,932 head at 138.46-188 $/cwt. for 80.50 ave. lbs.
Cutout Value/Net Carcass Value(2), 188.06 $/cwt.
Carcass Price, Due to the lack of voluntary packer participation in the suspended Livestock Mandatory Reporting Program, this report cannot be issued.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 331.80, Hotel rack(3) 601.96, Leg (trotter off) 199.78, Ground lamb 298.10.
Wool, Price ($/lb.) Clean, Delivered, 21 micron (Grade 64-70?s) 1.66, 22 micron (Grade 64?s) 1.60, 23 micron (Grade 62?s) 1.60, 24 micron (Grade 60-62?s) 1.30, 26 micron (Grade 56-58?s) 1.00-1.30. No other prices were 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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