Market Summary, Week ending March 17, 2006

Feeder Prices, San Angelo, old crop shorn and wooled 70-90 lbs. for 83-86 $/cwt., 90-110 lbs. for 70-80 $/cwt., 50-60 lbs. for 110-120 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-155 lbs. for 79.10-107 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 3,547 head(1) at 143.03-169.39 $/cwt. for 71.80 ave. lbs., 12,559 head at 148.67-173.78 $/cwt. for 79 ave. lbs.
Cutout value/Net carcass value(2), 181.78 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, 1,170 head at 55-65 lbs. for 192-197.50 $/cwt., 3,164 head at 65-75 lbs. for 175-184 $/cwt., 2,804 head at 75-85 lbs. for 170-177.50 $/cwt., 925 head at 85 lbs. and up for 145-164 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 321.76, Hotel rack(3) 574.72, Leg (trotter off) 213.42, Ground lamb 298.68.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80?s) 2.10, 21 micron (Grade 64-70?s) 1.80, 22 micron (Grade 64?s) 1.63, 23 micron (Grade 62?s) 1.62, 24 micron (Grade 60-62?s) 1.29, 25 micron (Grade 58?s) 1.07, 26 micron (Grade 56-58?s) 1.10, 27 micron (Grade 56?s) 1.15. 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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