Market Summary, Week ending May 19, 2006
May 26, 2006
Feeder Prices, San Angelo, shorn 70-90 lbs. 73-79.50 $/cwt., new crop 40-60 lbs. 110-117 $/cwt., 60-70 lbs. for 106-115 $/cwt., 70-80 lbs. for 105-113 $/cwt.
Slaughter Prices - Negotiated, Live, load wooled and shorn 125 lbs. for $112/cwt., wooled and shorn 95-150 lbs. 75-84 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 4,930 head(1) at 128.09-203.89 $/cwt. for 71.30 ave. lbs., 12,605 head at 117.11-200.45 $/cwt. for 78.50 ave. lbs.
Cutout Value/Net Carcass Value(2)$178.26/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 914 head at 55-65 lbs. for $182.72/cwt., 2,066 head at 65-75 lbs. for $164.95/cwt., 2,102 head at 75-85 lbs. for $162.21/cwt., 1,943 head at 85 lbs. and up for $127.48/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 335.77, Hotel rack(3) 530.19, Leg (trotter off) 200.48, Ground lamb 301.56.
Wool, Price ($/pound) 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) 1.87-1.99, 22 micron (Grade 64?s) 1.71-1.91, 23 micron (Grade 62?s) 1.53-1.81, 24 micron (Grade 60-62?s) 1.38-1.58, 25 micron (Grade 58?s) 1.33-1.43, 26 micron (Grade 56-58?s) 1.15, 27 micron (Grade 56?s) 1.07.
(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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