Market Summary, Week ending September 1, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 104-106 $/cwt., 60-80 lbs. for 99-105 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 90-150 lbs. for 90-100.85 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 14,497 head(1) at 180.11-208.29 $/cwt. for 69.3 ave. lbs., 4,438 head at 180.22-202 $/cwt. for 78.3 ave. lbs.
Cutout value/Net carcass value(2), $200.55/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 4,105 head at 55-65 lbs. for $205.91/cwt., 3,639 head at 65-75 lbs. for $201.03/cwt., 987 head at 75-85 lbs. for $199.48/cwt., 75 head at 85 lbs. and up for $188.67/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 490.65, Hotel rack(3) 548.66, Leg (trotter off) 194.33, Ground lamb 296.27.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) No price available; 19 micron (Grade 80's) 2.58; 20 micron (Grade 70's) No price available; 21 micron (Grade 64-70's) No price available; 22 micron (Grade 64's) 1.65; 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; 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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