Market Summary, Week ending March 24, 2006
March 31, 2006
Feeder Prices, San Angelo, old crop shorn and wooled 70-90 lb. for 80-92 $/cwt., 90-105 lbs. for 65-75 $/cwt., new crop 70-90 lbs. for 100-105.50 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-155 lbs. for 72.24-107 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 3,747 head(1) at 139.42-172.58 $/cwt. for 73.10 ave. lbs., 11,936 head at 134.91-198.94 $/cwt. for 78.30 ave. lbs.
Cutout Value/Net Carcass Value,(2) 185.54 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,296 head at 55-65 lbs. for $183.26/cwt., 2,644 head at 65-75 lbs. for $175.68/cwt., 3,174 head at 75-85 lbs. for $168.77/cwt., 1,444 head at 85 lbs. and up for $143.28/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 337.50, Hotel rack(3) 568.97, Leg (trotter off) 213.89, Ground lamb 301.35.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80?s) 2.10, 21 micron (Grade 64-70?s) 1.70, 22 micron (Grade 64?s) 1.63, 23 micron (Grade 62?s) 1.53, 24 micron (Grade 60-62?s) 1.43, 25 micron (Grade 58?s) 1.25, 26 micron (Grade 56-58?s) 1.17, 27 micron (Grade 56?s) 1.05. 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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