Market Summary, Week ending December 1, 2006

Feeder Prices, San Angelo, 60-70 lbs. for 102-110 $/cwt., 70-80 lbs. for 101-106 $/cwt., 80-90 lbs. for 96-105 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-165 lbs. for 88.56-95 $/cwt., dressed, load wooled 72 lbs. carcass for $176/cwt.
Slaughter Prices - Formula, 4,350 head⁽¹⁾ at 183.85-207.44 $/cwt. for 71.40 ave. lbs., 12,969 head at 180-202.18 $/cwt. for 77.60 ave. lbs.
Equity Electronic Auction, Live, shorn and wooled 125 lbs. for $85.50/cwt.
Cutout Value/Net Carcass Value⁽²⁾$222.48/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,984 head at 55-65 lbs. for $205.60/cwt., 4,097 head at 65-75 lbs. for $198.39/cwt., 4,345 head at 75-85 lbs. for $197.48/cwt., 1,470 head at 85 lbs. and up for $187.05/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 484.54, Hotel rack⁽³⁾ 583.37, Leg (trotter off) 240.88, Ground lamb 283.23.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80s) 2.35, 19 micron (Grade 80's) 2.35, 20 micron (Grade 70's) No prices reported, 21 micron (Grade 64-70's) 2.03, 22 micron (Grade 64's) 2.20, 23 micron (Grade 62's) 1.90, 24 micron (Grade 60-62's) 1.78, 25 micron (Grade 58's) No prices reported, 26 micron (Grade 56-58's) No prices reported, 27 micron (Grade 56's) 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. ⁽³⁾Average of light, medium and heavy 8-Rib Rack.
(Source: USDA/Agricultural Marketing Service)

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