Market Summary, Week ending March 10, 2006
March 17, 2006
Feeder Prices, San Angelo, old crop shorn and wooled 65-75 lbs. for 92-96.50 $/cwt., 80-100 lbs. for 83-90 $/cwt., 105-110 lbs. for 75-81 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 130-160 lbs. for 76.25-91.06 $/cwt., dressed, no sales reported
Slaughter Prices - Formula, 3,316 head(1) at 143.14-186.02 $/cwt. for 70.90 ave. lbs., 11,778 head at 141.12-176.48 $/cwt. for 78.80 ave. lbs.
Cutout value/Net carcass value(2), 185.73 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,266 head at 55-65 lbs. for 182-197 $/cwt., 2,561 head at 65-75 lbs. for 172-184 $/cwt., 2,905 head at 75-85 lbs. for 167-177 $/cwt., 1,293 head at 85 lbs. and up for 140-169 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 323.02, Hotel rack(3) 585.60, Leg (trotter off) 211.65, Ground lamb 293.44.
Wool, Price ($/lb.) Clean, Delivered, 21 micron (Grade 64-70?s) 1.80, 22 micron (Grade 64?s) 1.63, 23 micron (Grade 62?s) 1.55, 24 micron (Grade 60-62?s) 1.44, 25 micron (Grade 58?s) 1.23, 26 micron (Grade 56-58?s) 1.18, 27 micron (Grade 56?s) 1.15. No other prices posted.
(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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