Market Summary, Week ending April 7, 2006
April 14, 2006
Feeder Prices, San Angelo, new crop 40-60 lbs. for 111-119 $/cwt., 60-70 lbs. for 106-114 $/cwt., 70-90 lbs. for 97-106 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 130-155 lbs. for 63-111.60 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 3,398 head(1) at 129.03-173.57 $/cwt. for 71.50 ave. lbs., 19,478 head at 124.14-198.11 $/cwt. for 77.90 ave. lbs.
Cutout Value/Net Carcass Value (2), 193.03 $/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,558 head at 55-65 lbs. for $186.35/cwt., 3,488 head at 65-75 lbs. for $169.32/cwt., 2,369 head at 75-85 lbs. for $163.48/cwt., 1,467 head at 85 lbs. and up for $136.98/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 335.69, Hotel rack(3) 555.16, Leg (trotter off) 240.10, Ground lamb 298.45.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80?s) 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) 1.85, 23 micron (Grade 62?s) 1.53, 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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