Market Summary, Week ending July 28, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 100-105 $/cwt., 60-90 lbs. for 98-105 $/cwt., 90-100 lbs. for 92-101 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-165 lbs. for 87.28-100 $/cwt., dressed, couple packages wooled and shorn 60 lbs. average carcass weight $200/cwt.
Slaughter Prices - Formula, 14,285 head(1) at 173-203.98 $/cwt. for 68.1 ave. lbs., 2,250 head at 178-201.41 $/cwt. for 78.1 ave. lbs.
Cutout value/Net carcass value(2), $199.08/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,908 head at 55-65 lbs. for $202.34/cwt., 4,207 head at 65-75 lbs. for $200.51/cwt., 1,685 head at 75-85 lbs. for $198.92/cwt., 566 head at 85 lbs. and up for $185.11/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 484.56, Hotel rack(3) 537.10, Leg (trotter off) 192.17, Ground lamb 301.99.
Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) 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.
***Note: The Central and National report will be shown together for the month of August. The Central will not be released after Sept. 1, 2006.***
(Source: USDA/Agricultural Marketing Service)

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