American Sheep Industry Photo

August 1, 2008

The updated Market Summary can be accessed each Monday at www.sheepusa.org.
Feeder Prices, 50-100 lbs. for 95-103.50 $/cwt., 110-115 lbs. for 100.50-101 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-160 lbs. for 106-119 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, Carcass Basis, 9,005 head(1) at 208-236.88 $/cwt. for 70.10 ave. lbs., 3,201 head at 212-235.37 $/cwt. for 78.10 ave. lbs.; Live Basis, $110.27/cwt. for 176.90 lbs.
Equity Electronic Auction, shorn and wooled 125 lbs. for $96/cwt., wooled 145 lbs. for $110/cwt.
Cutout Value/Net Carcass Value(2), $254.22/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,253 head at 55-65 lbs. for $234.37/cwt., 1,941 head at 65-75 lbs. for $232.84/cwt., 1,192 head at 75-85 lbs. for $231.91/cwt., 1,340 head at 85 lbs. and up for $220.94/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 528.45, Hotel rack(3) 576.50, Leg (trotter off) 270.83, Ground lamb 365.02.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80?s) no prices reported, 20 micron (Grade 70?s) no prices reported, 21 micron (Grade 64-70?s) 3.02, 22 micron (Grade 64?s) 3.05, 23 micron (Grade 62?s) 2.50-2.87, 24 micron (Grade 60-62?s) 2.11, 25 micron (Grade 58?s) 2.00, 26 micron (Grade 56-58?s) no prices reported, 27 micron (Grade 56?s) no 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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