Market Summary, Week ending July 21, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 100-108 $/cwt., 60-70 lbs. for 98-107.50 $/cwt., 70-90 lbs. for 100-107 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 110-180 lbs. for 90-102 $/cwt., dressed, load wooled and shorn 65 pound average carcass weight $200/cwt.
Slaughter Prices - Formula, 2,215 head(1) at 172-200 $/cwt. for 62 ave. lbs., 12,528 head at 169.56-204.90 $/cwt. for 69.30 ave. lbs.
Cutout value/Net carcass value (2), $198/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,831 head at 55-65 lbs. for $202.33/cwt., 4,509 head at 65-75 lbs. for $200.31/cwt., 1,933 head at 75-85 lbs. for $196.27/cwt., 724 head at 85 lbs. and up for $179.67/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 480.84, Hotel rack(3) 536.13, Leg (trotter off) 190.05, Ground lamb 303.02.
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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