Market Summary, Week ending July 14, 2006

Feeder Prices, San Angelo, 45-70 lbs. for 105-110.50 $/cwt., 70-90 lbs. for 100-110 $/cwt., 90-100 lbs. for 89.50-102 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 115-180 lbs. for $87-100.75 $/cwt., dressed, load wooled and shorn 67 lbs. average carcass weight $200/cwt.
Slaughter Prices - Formula, 11,389 head(1) at 172.84-203.65 $/cwt. for 69 ave. lbs., 2,142 head at 179.28-193.43 $/cwt. for 76.90 ave. lbs.
Cutout Value/Net Carcass Value(2), $194.47/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,564 head at 55-65 lbs. for $202.09/cwt., 3,133 head at 65-75 lbs. for $200.17/cwt., 1,355 head at 75-85 lbs. for $195.54/cwt., 622 head at 85 lbs. and up for $179.15/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 458.50, Hotel rack(3) 524.91, Leg (trotter off) 189.40, Ground lamb 299.82.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) No price available; 19 micron (Grade 80's) 2.30; 20 micron (Grade 70's) 2.15; 21 micron (Grade 64-70's) 1.70-2.05; 22 micron (Grade 64's) 1.63-2.00; 23 micron (Grade 62's) 1.52-1.86; 24 micron (Grade 60-62's) 1.40-1.43; 25 micron (Grade 58's) 1.26-1.33; 26 micron (Grade 56-58's) 1.23; 27 micron (Grade 56's) 0.95-1.00.
(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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