Market Summary, Week ending October 6, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 110-116 $/cwt., 60-70 lbs. for 106-112 $/cwt., 70-80 lbs. for 101-110 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 110-145 lbs. for 91.72-102.15 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 13,169 head(1) at 176.04-205.04 $/cwt. for 71 ave. lbs., 4,463 head at 177.48-201.28 $/cwt. for 79.50 ave. lbs.
Equity Electronic Auction, Live, shorn and wooled 125-150 lbs. for 93.50-96 $/cwt.
Cutout Value/Net Carcass Value(2), $213.71/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,146 head at 55-65 lbs. for $206.84/cwt., 4,018 head at 65-75 lbs. for $201.30/cwt., 2,044 head at 75-85 lbs. for $200/cwt., 469 head at 85 lbs. and up for $191.60/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 504.56, Hotel rack(3) 561.58, Leg (trotter off) 216.99, Ground lamb 293.78.
Wool, Price ($/lb.) Clean, Delivered, 23 micron (Grade 62's) 1.42, 26 micron (Grade 56-58's) 1.20. No other prices available.
(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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