Market Summary, Week Ending February 9, 2007
The updated Market Summary can be accessed at www.sheepusa.org each Monday.
Feeder Prices, San Angelo, 70-90 lbs. 93-99.50 $/cwt., 90-100 lbs. 85-90 $/cwt., 107 lbs. for $87/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 130-165 lbs. for 87.88-104 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 13,052 head⁽¹⁾ at 175.10-198.79 $/cwt. for 71.8 ave. lbs., 8,194 head at 169.87-192 $/cwt. for 78.8 ave. lbs.
Equity Electronic Auction, shorn and wooled 130 lbs. for $90/cwt.
Cutout Value/Net Carcass Value⁽²⁾ $208.64/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,006 head at 55-65 lbs. for $205.73/cwt., 2,783 head at 65-75 lbs. for $190.24/cwt., 2,885 head at 75-85 lbs. for $187.63/cwt., 1,521 head at 85 lbs. and up for $172.17/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 421.31, Hotel rack⁽³⁾ 584.78, Leg (trotter off) 230.92, Ground lamb 273.06.
Wool, PPrice ($/lb.) Clean, Delivered, 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80's) 3.02, 20 micron (Grade 70's) no prices reported, 21 micron (Grade 64-70's) 1.90-2.80, 22 micron (Grade 64's) 1.75-2.42, 23 micron (Grade 62's) 2.08, 24 micron (Grade 60-62's) 1.88, 25 micron (Grade 58's) 1.54, 26 micron (Grade 56-58's) 1.33, 27 micron (Grade 56's) 1.20.
⁽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)