Market Summary, Week ending March 31, 2006
April 7, 2006
Feeder Prices, San Angelo, new crop 50-60 lbs. for 122-127 $/cwt., 60-90 lbs. for 104-109 $/cwt., 100-105 lbs. for 90-93 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 130-155 lbs. for 67.18-102 $/cwt., dressed, no sales reported
Slaughter Prices - Formula, 3,055 head(1) at 143.02-163.10 $/cwt. for 71.60 ave. lbs., 14,759 head at 127.47-198.20 $/cwt. for 78.30 ave. lbs.
Cutout Value/Net Carcass Value(2), 184.67 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,392 head at 55-65 lbs. for $189.62/cwt., 2,974 head at 65-75 lbs. for $173.69/cwt., 3,017 head at 75-85 lbs. for $165.87/cwt., 1,414 head at 85 lbs. and up for $138.67/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 325.57, Hotel rack(3) 568.38, Leg (trotter off) 219.59, Ground lamb 299.07.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80?s) 2.08-2.10, 20 micron (Grade 70?s) 1.87-1.90, 21 micron (Grade 64-70?s) 1.78-1.90, 22 micron (Grade 64?s) 1.74, 23 micron (Grade 62?s) 1.56, 24 micron (Grade 60-62?s) 1.45, 25 micron (Grade 58?s) 1.25, 26 micron (Grade 56-58?s) 1.04, 27 micron (Grade 56?s) 1.05.
(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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