Market Summary, Week Ending December 29, 2006

The updated Market Summary can be accessed at www.sheepusa.org each Monday.
Feeder Prices, San Angelo, 60-80 lbs. for 94-106 $/cwt., 80-90 lbs. for 90-98 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-150 lbs. for 86.71-93.50 $/cwt., dressed, load wooled and shorn 81 lb. carcasses $189.82/cwt.
Slaughter Prices - Formula, 2,223 head⁽¹⁾ at 174.40-197.06 $/cwt. for 70.60 ave. lbs., 15,705 head at 174.34-199.12 $/cwt. for 77.60 ave. lbs.
Equity Electronic Auction, No sales reported.
Cutout Value/Net Carcass Value ⁽²⁾$221.61/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,114 head at 55-65 lbs. for $205.43/cwt., 3,902 head at 65-75 lbs. for $194.62/cwt., 5,000 head at 75-85 lbs. for $190.43/cwt., 1,968 head at 85 lbs. and up for $178.32/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 447.65, Hotel rack⁽³⁾ 598.17, Leg (trotter off) 253.09, Ground lamb 287.63.
Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) 2.57-2.82, 19 micron (Grade 80's) 2.55-2.74, 20 micron (Grade 70's) 2.21, 21 micron (Grade 64-70's) 2.03, 22 micron (Grade 64's) no prices reported, 23 micron (Grade 62's) 1.82, 24 micron (Grade 60-62's) 1.71, 25 micron (Grade 58's) No prices reported, 26 micron (Grade 56-58's) No prices reported, 27 micron (Grade 56's) 1.01.
⁽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)

<< Back