Market Summary, Week ending October 13, 2006
Feeder Prices, San Angelo, 40-60 lbs. for 110-117.50 $/cwt., 60-70 lbs. for 105-114.50 $/cwt., 70-80 lbs. for 101-111 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 110-155 lbs. for 90-102.15 $/cwt., dressed, wooled and shorn load 69 lbs. for $185/cwt.
Slaughter Prices - Formula, 12,838 head(1) at 174.14-206.43 $/cwt. for 72.3 ave. lbs., 3,226 head at 168.91-204.24 $/cwt. for 78.2 ave. lbs.
Equity Electronic Auction, Live, shorn and wooled 125 for $91/cwt.; 140 lbs. for $96/cwt.
Cutout Value/Net Carcass Value(2), $217.36/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,815 head at 55-65 lbs. for $212.61/cwt., 2,093 head at 65-75 lbs. for $202.50/cwt., 1,573 head at 75-85 lbs. for $200.64/cwt., 154 head at 85 lbs. and up for $187.86/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 518.56, Hotel rack(3) 561.69, Leg (trotter off) 223.91, Ground lamb 299.66.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) 2.48 19 micron (Grade 80's) 2.36, 20 micron (Grade 70's) 1.98, 21 micron (Grade 64-70's) 1.90, 23 micron (Grade 62's) 1.42-1.45, 26 micron (Grade 56-58's) 1.20. No others 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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