Market Summary, Week ending May 12, 2006
May 19, 2006
Feeder Prices, San Angelo, shorn 70-75 lbs. 88-89 $/cwt., 90-100 lbs. 79-86 $/cwt., new crop 40-60 lbs. for 105-115 $/cwt., 60-70 lbs. for 107-113 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-160 lbs. for 70-100 $/cwt., dressed, no sales reported
Slaughter Prices - Formula, 12,012 head(1) at 122.75-167.60 $/cwt. for 79.60 ave. lbs., 5,083 head at 105.05-144.87 $/cwt. for 92.60 ave. lbs.
Cutout Value/Net Carcass Value(2), $178.75/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,414 head at 55-65 lbs. for $184.61/cwt., 2,297 head at 65-75 lbs. for $167.23/cwt., 2,526 head at 75-85 lbs. for $161.60/cwt., 1,605 head at 85 lbs. and up for $130.95/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 334.44, Hotel rack(3) 547.11, Leg (trotter off) 205.03, Ground lamb 302.74.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80?s) 2.21, 19 micron (Grade 80?s) 2.06-2.39, 20 micron (Grade 70?s) 1.95-2.01, 21 micron (Grade 64-70?s) 1.72-1.99, 22 micron (Grade 64?s) 1.64-1.91, 23 micron (Grade 62?s) 1.71-1.81, 24 micron (Grade 60-62?s) 1.55-1.58, 25 micron (Grade 58?s) 1.18-1.43, 26 micron (Grade 56-58?s) 1.15, 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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