Market Summary, Week ending August 4, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 105-113 $/cwt., 60-70 lbs. for 99-108.50 $/cwt., 80-90 lbs. for 97-105.50 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 115-165 lbs. for 88-100 $/cwt., dressed, couple packages wooled and shorn 55-65 lbs. average carcass weight 195.70-200 $/cwt.
Slaughter Prices - Formula, 16,558 head(1) at 170.96-205.98 $/cwt. for 68 ave. lbs., 2,916 head at 191-200.16 $/cwt. for 78.7 ave. lbs.
Cutout value/Net carcass value(2), $194.63/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 4,237 head at 55-65 lbs. for $204.89/cwt., 4,085 head at 65-75 lbs. for $200.84/cwt., 1,885 head at 75-85 lbs. for $199.25/cwt., 777 head at 85 lbs. and up for $187.91/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 447.42, Hotel rack(3) 541.18, Leg (trotter off) 189.27, Ground lamb 302.09.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) No price available, 19 micron (Grade 80's) 2.24, 20 micron (Grade 70's) 2.03, 21 micron (Grade 64-70's) 1.70-1.87, 22 micron (Grade 64's) 1.63-1.75, 23 micron (Grade 62's) 1.52-1.53, 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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