September 26, 2008
The updated Market Summary can be accessed each Monday at
www.sheepusa.org.
Feeder Prices, 40-60 lbs. for 104-107 $/cwt., 60-70 lbs. for 95-100 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-150 lbs. for 96-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, Carcass Basis, 10,919 head(1) at 203.88-230.36 $/cwt. for 69.30 ave. lbs., 2,416 head at 203.50-227.43 $/cwt. for 79.80 ave. lbs.;
Live Basis, 146.30 lbs. for $106.89/cwt.
Equity Electronic Auction, shorn and wooled 125 lbs. for $94.25/cwt.
Cutout Value/Net Carcass Value(2), $238.12/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,603 head at 55-65 lbs. for $231.66/cwt., 3,794 head at 65-75 lbs. for $227.03/cwt., 2,148 head at 75-85 lbs. for $225.63/cwt., 739 head at 85 lbs. and up for $219.41/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 509.03, Hotel rack, roast-ready, frenched, 1,130.17, Leg (trotter-off, partial boneless) 384.14, Ground lamb 358.92, Shoulder (square-cut) 220.87.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, < 20 oz. to 28 oz. +) 870.70, AUS Rack (frozen, frenched, cap-off, < 20 oz. to 28 oz. +) 772.79, NZ Rack (frozen, frenched, cap-off, < 8 oz. to 20 oz. +) 652.65, AUS Shoulder (fresh, square-cut) 205.72, NZ Shoulder (fresh, square-cut) 171.63, AUS Leg (partial boneless, fresh) 338.96.
Exported Adult Sheep, 1,257 ewes.
Wool, Price ($/lb.) Clean, Delivered,from nine weeks ago: 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80s) no prices reported, 20 micron (Grade 70s) no prices reported, 21 micron (Grade 64-70s) 3.02, 22 micron (Grade 64s) 3.05, 23 micron (Grade 62s) 2.50-2.87, 24 micron (Grade 60-62s) 2.11, 25 micron (Grade 58s) 2.00, 26 micron (Grade 56-58s) no prices reported, 27 micron (Grade 56s) no prices reported
(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.
(Source: USDA/Agricultural Marketing Service)
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