Market Summary, Week ending May 5, 2006
May 12, 2006
Feeder Prices, San Angelo, shorn 100 lbs. $85/cwt., new crop 40-60 lbs. for 110-115 $/cwt., 60-70 lbs. for 110-113 $/cwt., 70-80 lbs. for 104-110 $/cwt.
Slaughter Prices - Negotiated, Live, few packages wooled and shorn 115-160 lbs. for 62.55-112 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 9,679 head(1) at 115.52-164.90 $/cwt. for 81.90 ave. lbs., 5,325 head at 95.40-148.22 $/cwt. for 90.70 ave. lbs.
Cutout Value/Net Carcass Value(2), $178.73/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 906 head at 55-65 lbs. for $188.97/cwt., 2,009 head at 65-75 lbs. for $170.71/cwt., 2,265 head at 75-85 lbs. for $164.77/cwt., 1,124 head at 85 lbs. and up for $137.85/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 317.30, Hotel rack(3) 536.72, Leg (trotter off) 212.28, Ground lamb 294.43.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80?s) 2.21-2.39, 19 micron (Grade 80?s) 2.06-2.39, 20 micron (Grade 70?s) 1.95-2.00, 21 micron (Grade 64-70?s) 1.85-1.88, 22 micron (Grade 64?s) 1.83-1.84, 23 micron (Grade 62?s) 1.65, 24 micron (Grade 60-62?s) 1.65, 25 micron (Grade 58?s) 1.34, 26 micron (Grade 56-58?s) 1.41, 27 micron (Grade 56?s) 1.12.
(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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