Market Summary, Week Ending February 17, 2006

Feeder Prices, San Angelo, 60-70 lbs. for 110-115 $/cwt., 70-80 lbs. for 100-107.50 $/cwt., 80-90 lbs. for 92-106.50 $/cwt.
Slaughter Prices - Negotiated, Live, few packages wooled and shorn 145-175 lbs. for 68.85-80 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 1,942 head(1) at 147.44-180.60 $/cwt. for 72 ave. lbs., 8,704 head at 127.01-181.11 $/cwt. for 76.80 ave. lbs.
Cutout value/Net carcass value(2), 186.71 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,442 head at 55-65 lbs. for 187-200 $/cwt., 3,234 head at 65-75 lbs. for 172-187 $/cwt., 3,035 head at 75-85 lbs. for 167-179 $/cwt., 1,260 head at 85 lbs. and up for 132-162 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 341.05, Hotel rack(3) 597.18, Leg (trotter off) 198.22, Ground lamb 299.77.
Wool, Price ($/lb.) Clean, Delivered, 21 micron (Grade 64-70?s) 1.66, 22 micron (Grade 64?s) 1.60, 24 micron (Grade 60-62?s) 1.30, 26 micron (Grade 56-58?s) 1.00-1.10. 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)