Market Summary, Week Ending January 5, 2007

The updated Market Summary can be accessed at www.sheepusa.org each Monday.
Feeder Prices, San Angelo, no sale, South Dakota, 37 lbs. for $125/cwt., 75-80 lbs. for 109-111.50 $/cwt., 80-95 lbs. for 100-101 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-150 lbs. for 88-103 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 5,327 head⁽¹⁾ at 183.12-197.31 $/cwt. for 74.20 ave. lbs., 12,202 head at 164.78-197.21 $/cwt. for 79.30 ave. lbs.
Equity Electronic Auction, shorn and wooled 125 lbs. for $89.50/cwt., 155 lbs. for $86.50/cwt.
Cutout Value/Net Carcass Value ⁽²⁾$216.17/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 1,532 head at 55-65 lbs. for $205.58/cwt., 2,753 head at 65-75 lbs. for $191.85/cwt., 2,953 head at 75-85 lbs. for $189.24/cwt., 1,244 head at 85 lbs. and up for $178.06/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 430.14, Hotel rack(3) 584.57, Leg (trotter off) 247.79, Ground lamb 275.59.
Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) 2.57-2.82, 19 micron (Grade 80's) 2.55 and 20 micron (Grade 70's) 2.21. No other 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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