Market Summary, Week ending June 30, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 105-110 $/cwt., 60-80 lbs. for 102-111 $/cwt., 80-90 lbs. for 102-105 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-155 lbs. for 87-101 $/cwt., mostly 95-100 $/cwt., dressed, couple loads wooled and shorn 70-lb. carcasses for $200/cwt.
Slaughter Prices - Formula, 12,207 head(1) at 161.47-200 $/cwt. for 69.60 ave. lbs., 2,534 head at 150.37-192.31 $/cwt. for 76.90 ave. lbs.
Cutout value/Net carcass value(2), $186.83/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,230 head at 55-65 lbs. for $201.55/cwt., 2,954 head at 65-75 lbs. for $197.79/cwt., 1,318 head at 75-85 lbs. for $192.55/cwt., 1,227 head at 85 lbs. and up for $157.30/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 413.42, Hotel rack(3) 534.42, Leg (trotter off) 188.92, Ground lamb 297.88.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) 2.55, 19 micron (Grade 80's) 1.96-2.30, 20 micron (Grade 70's) 1.95-2.15, 21 micron (Grade 64-70's) 1.85-2.05, 22 micron (Grade 64's) 1.71-2.00, 23 micron (Grade 62's) 1.65-1.86, 24 micron (Grade 60-62's) 1.42, 25 micron (Grade 58's) 1.42, 26 micron (Grade 56-58's) 1.14, 27 micron (Grade 56's) 0.92.
(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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