Market Summary, Week ending August 18, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 104-108 $/cwt., 60-70 lbs. for 99-105 $/cwt., 70-80 lbs. for 99-104 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 110-145 lbs. for 89-98.75 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 13,223 head(1) at 174.04-203.74 $/cwt. for 68.1 ave. lbs., 3,195 head at 170-200.99 $/cwt. for 78.1 ave. lbs.
Cutout value/Net carcass value(2), $195.84/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,132 head at 55-65 lbs. for $211.92/cwt., 2,374 head at 65-75 lbs. for $201.80/cwt., 1,376 head at 75-85 lbs. for $199.90/cwt., 375 head at 85 pound lbs. and up for $191.91/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 464.01, Hotel rack(3) 547.23, Leg (trotter off) 187.28, Ground lamb 296.12.
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) 1.65-1.70; 23 micron (Grade 62's) 1.60; 24 micron (Grade 60-62's) 1.45; 25 micron (Grade 58's) 1.16; 26 micron (Grade 56-58's) 1.23; and 27 micron (Grade 56's) 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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