Market Summary, Week ending July 13, 2007

Feeder Prices, San Angelo, 60-80 lbs. for 100-104 $/cwt., 80-90 lbs. for 96-102 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 115-160 lbs. for 93-108.50 $/cwt.; dressed, couple loads wooled and shorn 70-75 lb. carcasses for 200-212 $/cwt.
Slaughter Prices - Formula, 9,306 head⁽¹⁾ at 193.06-218.78 $/cwt. for 72.5 ave. lbs., 6,339 head at 174.13-216 $/cwt. for 79 ave. lbs.
Equity Electronic Auction, no sales.
Cutout Value/Net Carcass Value⁽²⁾, $225.08/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 4,331 head at 55-65 lbs. for $225.62/cwt., 4,151 head at 65-75 lbs. for $219.80/cwt., 2,231 head at 75-85 lbs. for $214.62/cwt., 1,671 head at 85 lbs. and up for $193.63/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 520.96, Hotel rack⁽³⁾ 586.69, Leg (trotter off) 245.75, Ground lamb 287.59.
Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) no prices reported, 19 micron (Grade 80?s) 3.38, 20 micron (Grade 70?s) 3.33, 21 micron (Grade 64-70?s) 2.93-3.24, 22 micron (Grade 64?s) 2.85, 23 micron (Grade 62?s) 2.75-2.89, 24 micron (Grade 60-62?s) 2.38, 25 micron (Grade 58?s) 2.20, 26 micron (Grade 56-58?s) no prices reported, 27 micron (Grade 56) 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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