April 20, 2007
The updated Market Summary can be accessed at
www.sheepusa.org each Monday.
Feeder Prices, San Angelo, no test; Intermountain area, new crop 70 lbs. $123/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-150 lbs. for 88.15-105 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 7,504 head
(1) at 168-194 $/cwt. for 71.1 ave. lbs., 17,190 head at 158.30-196 $/cwt. for 80.1 ave. lbs.
Equity Electronic Auction, shorn and wooled 130 lbs. $85.75/cwt.
Cutout Value/Net Carcass Value(2) $214/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 856 head at 55-65 lbs. for $215.35/cwt., 1,712 head at 65-75 lbs. for $194.24/cwt., 2,996 head at 75-85 lbs. for $190.79/cwt., 2,219 head at 85 lbs. and up for $177.42/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 388.61, Hotel rack
(3) 528.30, Leg (trotter off) 277.33, Ground lamb 252.04.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80's) 3.12-3.21, 20 micron (Grade 70's) 2.69-2.73, 21 micron (Grade 64-70's) 2.87-3.02, 22 micron (Grade 64's) 2.83-2.87, 23 micron (Grade 62's) 2.54, 24 micron (Grade 60-62's) 2.24, 25 micron (Grade 58's) 1.60, 26 micron (Grade 56-58's) 1.38, 27 micron (Grade 56) 1.17.
(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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